WD News: Alkhorayef Water and Power Technologies Co. has signed three Operation and Maintenance (O&M) contracts worth 345 million Saudi riyals ($91.80 million) with the state-owned National Water Company (NWC).
The biggest one is a 60-month O&M contract worth 228.2 million riyals for water networks in the Jeddah region.
The other two deals were a 36-month contract valued at 60.8 million riyals to operate and maintain Phases 1 and 2 of Madinah sewage treatment plant, and a 36-month O&M contract worth 55.93 million riyals for water networks in the Jazan region (Southern Sector).
As per company officials, the utility will duly announce any future developments, especially after receiving the final version of the contract signed by all parties.
Source: AWPT, Image Courtesy: Pixabay