Alkhorayef Water wins SAR 69.6M contract with RCRC

05/04/2026 Argaam
Logo ofAlkhorayef Water and Power Technologies Co.

Logo of Alkhorayef Water and Power Technologies Co.

Alkhorayef Water and Power Technologies Co. announced today, April 5, it has awarded a contract worth SAR 69.59 million (excluding VAT) by the Royal Commission for Riyadh City (RCRC).

 

Under the 30-month contract, the company will carry out the operation and maintenance of TSE networks and facilities – Group 1 in Riyadh city, according to a statement to Tadawul.

 

The company expects the related financial impact to take place during the second quarter of 2026, noting that there are no related parties involved.

 

Alkhorayef Water also said it will duly announce any future developments in this regard, especially after receiving the final version of the agreement signed by all concerned parties.

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