AWPT signs SAR 101.3M contract with NWC

Alkhorayef Water and Power Technologies Co. (AWPT) signed a SAR 101.32 million, excluding VAT, contract with National Water Co. (NWC) to operate and maintain water and wastewater networks in Al Khobar.

AWPT had won the 36-month contract in July, and received it with all due signatures on Aug. 11, it said in a statement to Tadawul.

The project’s expected financial impact should reflect in Q4 2026, it added.