AWPT awarded SAR 101.3M contract with NWC

Alkhorayef Water and Power Technologies Co. (AWPT) announced today, July 14, the award of a SAR 101.32 million contract, excluding VAT, with National Water Co. (NWC) to operate and maintain water and sewage networks in Al Khobar.

The company will execute the operations and maintenance works over 36 months, with the project’s financial impact expected in Q4 2026, according to a statement to Tadawul.

AWPT added that it will disclose any future developments in due course, especially after obtaining a copy of the final contract that has been signed by all parties involved.