PHOTO
Water pipeline. Getty Images Image used for illustrative purpose.
Alkhorayef Water and Power Technologies Co. (AWPT) has bagged an 87.18 million Saudi riyal ($23.24 million) operation and maintenance (O&M) contract water and sewage networks in the Buraidah region of Saudi Arabia.
The contract term is 36 months, the company said in a statement to the Saudi stock exchange on Monday.
The client’s name was not disclosed.
(Writing by D Madhura; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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