Alkhorayef Water and Power Technologies Co. has been awarded a contract by the National Water Company (NWC) to construct the seventh phase of sewage networks in Al-Kharj Governorate.
The contract is valued at 215 million Saudi riyals (approximately $57.3 million), according to a statement from the company to the Saudi stock exchange. The project is scheduled for completion within 36 months.
The company stated that the contract is expected to have a positive effect on its financial results in the fourth quarter of 2025.
