- CEO
- Rami Mohammed Moussilli
- Full Time Employees
- 705
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Al Olaya Road Riyadh Riyadh Province Saudi Arabia 11595
- IPO Date
- Mar 1, 2021
- Business
- Alkhorayef Water & Power Technologies Company (2081.SR), a subsidiary of Alkhorayef Group Company founded in 1991 and headquartered in Riyadh, Saudi Arabia, designs, constructs, operates, maintains, and manages water and wastewater projects primarily in the Kingdom of Saudi Arabia. The company operates through three main segments—Water, Wastewater, and Integrated Water Solutions—offering engineering, procurement, and construction (EPC) services; operation and maintenance (O&M) services; project upgrades and rehabilitation; and integrated water solutions including supply, erection, and commissioning of water systems for wastewater plants, water treatment plants, wastewater and stormwater networks, and related infrastructure. It serves municipal and industrial clients, holding over 25% market share in Saudi Arabia's O&M sector with more than 200 projects executed over three decades, and focuses on turnkey solutions for heavy civil, infrastructure, and electro-mechanical works in the utilities industry.
Recent developments include securing long-term O&M contracts with National Water Company valued at SAR 2.18 billion, a SAR 2.5 billion+ contractual backlog projected for 2025 representing 25% revenue growth, and winning four privatization projects exceeding SAR 13 billion such as the SAR 8.4 billion Rais-Rabigh IWTP-2 under a Build-Operate-Transfer model with Saudi Water Partnerships Company, named Best Privatization Project of 2024 in the Middle East and Africa. In November 2025, the company received a $59 million contract for sewer networks in Hafar Al-Batin, alongside bids for additional Saudi water privatization initiatives and expansions into complementary sectors. These strategic wins reinforce its leadership in EPC, O&M, public-private partnerships, and concessions amid Saudi Arabia's water security initiatives.