Al-Khorayef Water and Energy Technology Signs Water Projects Contract
Program of Water Projects in Hafr al-Batin Province
Al-Khorayef Water and Energy Technology has signed a contract with the National Water Company for a program of water projects in the villages and Hajar of the province of Hafr al-Batin.
Contract Details
And the company said in a statement to Tadawul Saudi Arabia today, Tuesday, that the date of the contract award announcement is January 26, 2022, and it was signed today, July 11, 2023, and its duration is 36 months.
Contract Value and Scope
The contract value is about 29 million riyals, excluding value added tax, according to which Al-Khoraef Water and Energy Technology Company will carry out works on the operation and maintenance program of water facilities in villages and hajjars Khafr el-Batin Governorate.
Financial Impact and Completion
She stated that the financial effect of the project will appear from the second quarter of 2023.
The company stated that it received the contract after the completion of the signatures of all interested parties today, Tuesday, July 11, 2023, and, accordingly, the disclosure was made.
