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Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for “Treated Water Reusing from Al Rass Sewage Treatment Plant” with Saudi Irrigation Organization

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Element List Explanation
Introduction Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for “Treated Water Reusing from Al Rass Sewage Treatment Plant” with Saudi Irrigation Organization
Date of the Award 2025-04-17 Corresponding to 1446-10-19
Counterparty Saudi Irrigation Organization
Contract Value 223,843,595.26 Saudi Riyal including VAT
Contract Details Alkhorayef Water and Power Technologies Co. will undertake the Construction of Treated Water Reuse System for the Transmission and Distribution Water Supplies from Al Rass Sewage Treatment Plant (Phase One) for the irrigation of agricultural areas over 24 Calendar Months.
Related Parties N/A
Additional Information Financial impact as a result of the purchase order is expected to take place during third quarter of year 2025.

The company will announce any future developments in this regard at the time, especially after receiving the final version of the contract agreement signed by all parties concerned.

The contract award was received today, Thursday, 17/04/2025 (corresponding to 19/10/1446H), and was accordingly disclosed.

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