Alkhorayef Water and Power Technologies Co. Announces the Awarding of Contract for Operating and maintaining of first and Fourth water treatment plant in Buraidah and in Riyadh Al-Khubara with Saline Water Conversion Corporation (SWCC)
| Element List | Explanation |
|---|---|
| Introduction | Alkhorayef Water and Power Technologies Co. Announces the awarding of Contract for Operating and maintaining of first water treatment plant in Buraidah and Operating and maintaining of fourth water treatment plant in Riyadh Al-Khubara with Saline Water Conversion Corporation (SWCC). |
| Date of the Award | 2024-02-04 Corresponding to 1445-07-23 |
| Counterparty | Saline Water Conversion Corporation (SWCC) |
| Contract Value | 82,052,500.00 Saudi Riyal including VAT |
| Contract Details | Alkhorayef Water and Power Technologies Co. will perform the works related to the Contract for Operating and maintaining of first water treatment plant in Buraidah and Operating and maintaining of fourth water treatment plant in Riyadh Al-Khubara for 24 months. |
| Related Parties | N/A |
| Additional Information | Financial impact as a result of the purchase order is expected to take place during first quarter of year 2024.
The company will announce any future developments in this regard at the time, especially after receiving the final version of the agreement contract signed by all parties concerned. |
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