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Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for the Supply, Installation, Testing, and Commissioning of Pumps and Variable Frequency Drives (VFDs) in the Jazan Region”

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Element List Explanation
Introduction Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for Supply, Installation, Testing, and Commissioning of Pumps and Variable Frequency Drives (VFDs) in Jazan Region”
Date of the Award 2025-05-05 Corresponding to 1446-11-07
Counterparty National Water Company
Contract Value 85,949,700 Saudi Riyal excluding VAT
Contract Details Alkhorayef Water and Power Technologies Co. will supply, install, test, and commission pumps and variable frequency drives (VFDs) in the Jazan region within 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 2025.

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

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