Saudi-listed Alkhorayef Water and Power Technologies Co. said on Thursday it has signed a 214.6 million Saudi riyals ($57.2 million) contract with National Water Company (NWC) to build the seventh phase of sewage networks in Al-Kharj Province.

The scope covers construction of 112 km of sewage networks over 36 months, with work expected to begin in the fourth quarter of 2025, the Riyadh-listed company said in a bourse filing.

The contract award was disclosed by the company last month, it said, adding that agreement was signed by all parties on 18 September 2025.

(Writing by Deva Palanisamy; Editing by Anoop Menon)

(anoop.menon@lseg.com) 

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