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Alkhorayef Water and Power Technologies Co. Announces the signing of Contract for “Operation and maintenance of Water Treatment Pants in Wadi Ad-Dawasir, As-Sulayyil, As-Safa in Najran and Al-Wajid with Saudi Water Authority
| Element List | Explanation |
|---|---|
| Introduction | In reference to the company announcement of awarding the contract on 01/12/2024 corresponding to 29/05/1446H, Alkhorayef Water and Power Technologies Co. Announces the signing of Contract for “Operation and maintenance of Water Treatment Pants in Wadi Ad-Dawasir, As-Sulayyil, As-Safa in Najran and Al-Wajid (Alwajid Package)” |
| Date of Announcement of the Award | 2024-11-27 Corresponding to 1446-05-25 |
| Contract Subject Matter | Operation and Maintenance of Water Treatment Plant at Wadi Aldawaser, Alsalil, Alsafa in Najran, and Alwajid |
| The Entity with Which the Contract was Signed | Saudi Water Authority |
| Date of Signing the Contract | 2025-03-16 Corresponding to 1446-09-16 |
| Contract Value | 58,797,200.00 Saudi Riyal excluding VAT |
| Contract Details | Alkhorayef Water and Power Technologies Co. will perform the works related to the Contract for “Operation and maintenance of Water Treatment Pants in Wadi Ad-Dawasir, As-Sulayyil, As-Safa in Najran and Al-Wajid (Alwajid Package)” |
| Contract Duration | 24 Months |
| Financial Impact and the Relevant Period | The financial impact started in the first Quarter of 2025 |
| Related Parties | N/A |
| Additional Information | Alkhorayef Water and Power Technologies Co. received the agreement today, Sunday 16/03/2025, corresponding to 16/09/1446H. after it was signed by all parties, so accordingly disclosed. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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