Alkhorayef Water and Power Technologies Company has received six new blanket purchase agreements worth 191 million Saudi riyals ($51 million) from the state-run National Water Company (NWC) to install new water and wastewater connections.
The new connections will be in six regions – Al-Qassim, Hail, Jazan, and Eastern Region, including North, South and Central sectors, the company said in a statement to the Saudi stock exchange on Thursday
The agreements will extend for 36 months.
The company will release more details in due course, the statement added.
(Editing by Anoop Menon) (anoop.menon@lseg.com)
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