AWPT

30 April, 2024 09:56

Alkhorayef Water and Power Technologies Co. Sign off Long-Term O&M Contracts for Sewage Treatment Plants Package 7‬‬ - Al Ahsa with National Water Company

Element ListExplanation
Introduction In reference to the company announcement of awarding the contract on 18/04/2024 corresponding to 09/10/1445H, Alkhorayef Water and Power Technologies Co. announces the signing off the Long-Term O&M Contract for Sewage Treatment Plant Package 7 – Al Ahsa with National Water Company and for the duration of 15 years.
Date of Announcement of the Award 2024-04-17 Corresponding to 1445-10-08
Contract Subject Matter Operation and Maintenance for Sewage Treatment Plant (PACKAGE 7) – Al Ahsa
The Entity with Which the Contract was Signed National Water Company
Date of Signing the Contract 2024-04-29 Corresponding to 1445-10-20
Contract Value 1,724,417,330.00 Saudi Riyal Excluding VAT
Contract Details Alkhorayef Water and Power Technologies Co. will perform Design, Rehabilitation Works, testing and commissioning, full operation and maintenance, handover, of three existing and one new sewage treatment plants (STPs) Al Ahsa, KSA. The STPs in this Package are: Existing: Al Hafuf STP 1, Al Oyun STP and Al Omran STP. New: Al Hafuf STP 2 The Rehabilitation shall be completed in two phases with total period of 36 months from the contract date. As well as the Operation and Maintenance for 15 years (180 months) from contract date, in conjunction with commencement of rehabilitation work. The total design treatment capacity of the Plants is 457,500 m3/day to be upgraded to 472,000 m3/day
Contract Duration 15 years (180 months)
Financial Impact and the Relevant Period The financial impact starts in the Third Quarter of 2024.
Related Parties N/A
Additional Information Alkhorayef Water and Power Technologies Co. received the agreement today, Monday, 29/04/2024, corresponding to 20/10/1445H. after it was signed by all parties, so accordingly disclosed.

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