Element List	Explanation
Introduction	Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for “Operation and Maintenance of TSE Network and Facilities – Group 1 in Riyadh City”.
Date of the Award	2026-04-05 Corresponding to 1447-10-17
Counterparty	Royal Commission for Riyadh City
Contract Value	69,585,566.00 Saudi Riyal excluding VAT
Contract Details	Alkhorayef Water and Power Technologies Co. will Operate & maintenance of TSE Networks & Facilities – Group 1 in Riyadh City within 30 Calendar Months
Related Parties	N/A
Additional Information	Financial impact resulting from the project is expected to take place during the second 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