Riyadh – Mubasher: Alkhorayef Water and Power Technologies Company has been awarded, on 16 August, a contract to operate and carry out maintenance works for Hail’s Al Hamemah Water Treatment Plant.
The contract value stands at SAR 42.88 million, awarded from the Ministry of Environment Water and Agriculture, according to a bourse filing on Tuesday.
Alkhorayef will implement the works for 36 months, while the financial impact is expected to reflect on the income statements of the third quarter (Q3) of 2021.
This award is considered the fourth consecutive contract for the listed company to operate and maintain Al Hamemah Water Treatment Plant.