Alkhorayef Water and Power Technologies Company Announces the Award of a Contract for the Operation and Maintenance of Treated Water and Groundwater Pumping, Transmission, and Distribution Systems in the Central Sector of Riyadh City, Its Suburbs, and Al-Aflaj Governorate with Saudi Irrigation Organization

Element List	Explanation
Introduction	Alkhorayef Water and Power Technologies Company Announces the Award of a Contract for the Operation and Maintenance of Treated Water and Groundwater Pumping, Transmission, and Distribution Systems in the Central Sector of Riyadh City, Its Suburbs, and Al-Aflaj
Date of the Award	2026-07-09 Corresponding to 1448-01-24
Counterparty	Saudi Irrigation Organization
Contract Value	65,587,500.00 Saudi Riyal excluding VAT
Contract Details	Alkhorayef Water and Power Technologies Co. will perform the the Operation and Maintenance of Treated Water and Groundwater Pumping, Transmission, and Distribution Systems in the Central Sector of Riyadh City, Its Suburbs, and Al-Aflaj within 60 Months.
Related Parties	N/A
Additional Information	Financial impact resulting from the project is expected to take place during the third quarter of 2026. The company will announce any future developments in this regard at the appropriate time, especially after receiving the final version of the agreement signed by all concerned parties.