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Saudi’s Alkhorayef Water and Power Technologies Co. has bagged a 33.5 million Saudi riyal ($8.92 million) operations and maintenance (O&M) contract from the state-owned National Water Company (NWC).
As part of the three-year contract, the firm will operate and maintain water networks, water treatment plants and water wells in Hafar Al-Batin and Al Qaisumah, according to a statement published on the Saudi stock exchange.
In November 2022, Alkhorayef Water was awarded two contracts by NWC at a combined value of 288.96 million Saudi riyals.
(Writing by D Madhura; Editing by Anoop Menon)
