Alkhorayef Water and Power Technologies Co. Announces Contract Award with National Water Company and Receipt of 6 New Blanket Purchase Agreements.
| Element List | Explanation |
|---|---|
| Introduction | Alkhorayef Water and Power Technologies Co. Announces the Receipt of 6 New Blanket Purchase Agreements from National Water Company for Installation of New Water and Waste Water Connections in 6 Regions and Sectors |
| Date of Award | 2024-07-03 Corresponding to 1445-12-27 |
| Counterparty | National Water Company |
| Project Value | 190,790,670.00 SAR |
| Project Details | Alkhorayef Water and Power Technologies Co. received 6 new blanket purchase agreements from National Water Company for installation of new water and waste water connections in 6 regions and sectors which are Al-Qassim Region, Hail Region, Jazan Region, Eastern Region including North, South and Central Sector, The new agreements extend for 36 months. |
| Related Parties | N/A |
| Additional Information | The blanket purchase agreements from National Water Company on 03/07/2024
Financial impact as a result of the blanket purchase orders is expected to take place during third quarter of 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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