Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a SAR101.3 million ($27 million) contract from the National Water Company (NWC) to operate and maintain water and wastewater networks at Al Khobar in the kingdom's Eastern Province.

As per the deal, the contract will be for a period of three years, said the Alkhorayef Water and Power Technologies Company in its filing to Saudi bourse Tadawul.

This comes in line with NWC's programme to ensure efficient system performance, reliability, and sustainability of water reuse infrastructure in the capital, it stated.

The financial impact of the contract is expected to begin in the fourth quarter of 2026, it added.-TradeArabia News Service