AWPT signs two SAR 202.1 million contracts with Jeddah Municipality for stormwater network operations, with financial impact expected from Q2 2026
Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with Jeddah Municipality to continue the operation (cleaning) of stormwater and surface water networks in the sub-municipalities of South (SO), Al-Malisa (ML) – 19979, valued at SAR 108.46 million, excluding VAT. 
The company also signed a contract to operate (clean) stormwater and surface water networks in Airport sub-municipality (MA) – 20043, valued at SAR 93.59 million, excluding VAT.
In two separate statements to Tadawul, the company said the contracts have a duration of 60 months, noting that the financial impact of the two projects will start to be reflected in Q2 2026.
AWPT added that it received the two contracts after all relevant parties completed the signing on June 18, and accordingly disclosed the information.
AWPT signs two SAR 202.1 million contracts with Jeddah Municipality for stormwater network operations, with financial impact expected from Q2 2026
Alkhorayef Water and Power Technologies Co. (AWPT) signed a contract with Jeddah Municipality to continue the operation (cleaning) of stormwater and surface water networks in the sub-municipalities of South (SO), Al-Malisa (ML) – 19979, valued at SAR 108.46 million, excluding VAT.
The company also signed a contract to operate (clean) stormwater and surface water networks in Airport sub-municipality (MA) – 20043, valued at SAR 93.59 million, excluding VAT.
In two separate statements to Tadawul, the company said the contracts have a duration of 60 months, noting that the financial impact of the two projects will start to be reflected in Q2 2026.
AWPT added that it received the two contracts after all relevant parties completed the signing on June 18, and accordingly disclosed the information.
