STOCKWATCH

L&T Secures Large Overseas Order for Water & Effluent Treatment Business in Saudi Arabia

Larsen & Toubro (L&T) has secured a large overseas order for its Water & Effluent Treatment (WET) Business in collaboration with Lantania of Spain. The order is from ACWA Power, a major developer in the Middle East, to build the Ras Mohaisen Desalination plant in the Kingdom of Saudi Arabia. The plant will have a capacity of 300,000m3/day and will serve as a drinking water source for Makkah Al-Mukarramah and Al-Baha regions, benefiting about one million population. This is the second desalination order that L&T has received in Saudi Arabia in the recent past, strengthening its presence in the Middle East region and expanding its regional footprint.

• L&T's WET Business secures a large overseas order for a desalination plant in Saudi Arabia.
• The plant will have a capacity of 300,000m3/day and will serve about one million population.
• This is the second desalination order that L&T has received in Saudi Arabia in the recent past.
• The order strengthens L&T's presence in the Middle East region.
• This large order underscores L&T's resolve to expand its regional footprint across all neighboring and business-conducive geographies.