Alkhorayef Water and Power Technologies Co (AWPT) has signed a big deal with National Water Company. The purpose of this deal is operationa and maintenance of water and wastewater in Hafer-Ul-Batin Governorate. The contract duration is for 3 years (36 months). The contract was awarded in December 2025 but all parties has signed and handover the contract copy on Feb 19, 2026. The financial impact of this contract will be seen on Q1 of 2026.
Key Details of This Contract:
| Feature | Details |
| Company Name | Alkhorayef Water and Power Technologies Co. (AWPT) |
| Client (Entity) | National Water Company (NWC) |
| Project Location | Hafer Al-Batin Governorate, Saudi Arabia |
| Contract Value | SAR 57,278,800.00 (Excluding VAT) |
| Duration | 36 Months |
| Signing Date | February 19, 2026 (1447-09-02H) |
| Financial Impact | Starting Q1 2026 |
Analysis and Impact of This Contract:
- Revenue Stability: This is long duration contract of 3 years which will produce a stable revenue for company. 19 million riyal will be added in company which is better for company financial growth.
- Markey Leadership: Alkhorayef water and power company signs contract with National Water Company many time which shows that it has great market share. The company has 50% market share already.
- Positive Outlook for Investors: The contract sign make a positive impact on stock exchange because investors can see "Backlog" increase so its financial impact will increase in Q1 of 2026.
- Low Risk: Company has cleared statement that there are no related parties involved in this contract. It mean this is transparent deal and there is no conflict of interest in this deal.
List of Contracts Awarded to Al-Khorayef Water and Power Technology:
| Date of Signing / Award | Project Description | Location | Value (SAR) | Duration |
| 19 Feb 2026 | O&M of Water & Wastewater Networks | Hafer Al-Batin | 57.3 Million | 36 Months |
| 04 Jan 2026 | Water Assets Operation & Maintenance | Madinah Region | 44.5 Million | 36 Months |
| 21 Dec 2025 | Extension of Water Networks & Connections | Dammam/Khobar | 120.8 Million | 24 Months |
| 12 Nov 2025 | Strategic Water Reservoir Construction | Jeddah | 215.0 Million | 30 Months |
| 15 Oct 2025 | Expansion of Sewage Treatment Plants | Riyadh | 350.0 Million | 36 Months |
| 02 Sep 2025 | Lifting Stations & Network Maintenance | Jazan | 32.4 Million | 36 Months |
Key Highlights for Investors:
The sales pipeline of company is strong, as it is announcing contracts after 1 or 2 months. Company has not focused in one area only. Its projects are all over the Kingdom like Jeddah, Dammam, Jazan, Riyadh, and Hafer-Ul-Batin. All above contracts awarded has total SAR 820 million which is captured within 6 months. It will add more profit of company in coming 2 to 3 years.
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