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Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
479.5681588
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
43.84
438460.8
EPS(TTM)
Face Value()
Div & Yield %
72.73
2
1.07
 

larsen & toubro ltd
Larsen & Toubro's water & effluent treatment biz win order in Saudi Arabia
Mar 13,2025

 The Water & Effluent Treatment (WET) Business of L&T along with Lantania of Spain has signed a Contract with ACWA Power, a major developer in the Middle East to build the Ras Mohaisen Desalination plant in the Kingdom of Saudi Arabia. WET had won the order in a joint venture with Lantania of Spain, wherein it happens to be the lead partner. According to company's project classification, the order is classified as 'Large' and ranges in value between Rs 2,500 crore to Rs 5,000 crore.

Ras Mohaisen Desalination plant is to have a capacity of 300,000m3/day. The project's scope includes design, procurement, construction, testing and commissioning of a seawater reverse osmosis desalination plant.

It encompasses intake and outfall facilities, process units, pumping stations, 600,000 cubic meters potable water storage facility, electrical special facility and associated works along with state-of-the-art automation and instrumentation systems. A Solar PV plant is also part of the project scope.

The plant 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 and it strengthens WET's presence in the Middle East region. This large order underscores WET's resolve to expand its regional footprint across all neighboring and business-conducive geographies.

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