Alkhorayef Water and Power Technologies Co. said it bagged a contract from state-run National Water Company (NWC) to build the seventh phase of the sewage networks in Al-Kharj Governorate.

The contract is valued at 215 million Saudi riyal ($57.30 million), the company said in a statement to the Saudi stock exchange.
 

The project’s completion timeline is within 36 months.
 

The contract is expected to have a positive impact on the financials for the fourth quarter of 2025, the statement said.

(Editing by Anoop Menon) (anoop.menon@lseg.com)

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