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Logo of Alkhorayef Water and Power Technologies Co. (AWPT)
Alkhorayef Water and Power Technologies Co. won today, Sept. 17, a contract worth SAR 219.99 million, excluding VAT, for the expansion of a tertiary treatment plant in Dammam, according to Tadawul website.
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Under the contract, the company will carry out the expansion project with a capacity of 125,000 m3/day and rehabilitation of the existing plant.
The financial impact will likely appear as of Q1 2025, the statement said, noting that any future developments in this regard will be announced in due course, especially after receiving the final version of the contract signed by all parties concerned.
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