Logo of Alkhorayef Water and Power Technologies Co. (AWPT)
Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with the National Water Co. (NWC), totaling SAR 57.28 million (excluding VAT).
Under the 36-month contract, AWPT will carry out the operation and maintenance of water and wastewater networks in Hafer Al-Batin, Saudi Arabia, according to a statement to Tadawul.
The company expects the relevant impact to appear during Q1 2026. It noted that there are no related parties involved.
AWPT received a contract copy today, Feb. 19, after being signed by all parties.
The contract award was announced on Dec. 14, 2025, according to data available with Argaam.
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