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L&T Secures Major Overseas Order for Water Treatment in Saudi Arabia

Written by: Kusum KumariUpdated on: Mar 13, 2025, 11:51 AM IST
L&T secures a large contract to build a 300,000 m³/day desalination plant in Saudi Arabia, enhancing water supply for 1M people in Makkah and Al-Baha.
L&T Secures Major Overseas Order for Water Treatment in Saudi Arabia
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Larsen & Toubro’s (L&T) Water & Effluent Treatment (WET) business, in partnership with Spain’s Lantania, has signed a contract with ACWA Power to build the Ras Mohaisen Desalination Plant in Saudi Arabia. L&T is the lead partner in this joint venture.

Key Project Details

  • Capacity: 300,000 cubic meters of water per day
  • Scope of Work:
    • Design, procurement, and construction
    • Testing and commissioning of a seawater reverse osmosis desalination plant
    • Development of intake and outfall facilities, pumping stations, and process units
    • Installation of a 600,000 cubic meter potable water storage facility
    • Electrical and automation systems, along with a solar PV plant

Benefiting Millions in Saudi Arabia

The desalination plant will supply drinking water to the Makkah Al-Mukarramah and Al-Baha regions, improving water availability for nearly one million people.

Strengthening Presence in the Middle East

This is L&T’s second desalination project in Saudi Arabia in recent times, further strengthening its position in the Middle East. The company continues to expand in business-friendly markets, leveraging its expertise in engineering, procurement, and construction (EPC) projects.

About Larsen & Toubro

L&T is a $27 billion Indian multinational specialising in EPC projects, hi-tech manufacturing, and services. With over eight decades of industry leadership, the company is known for its customer-focused approach and commitment to high-quality solutions worldwide.

As of March 13, 2025, at 11:40 AM IST, Larsen & Toubro share price stands at ₹3,213.15, up by ₹19.50 (0.61%) for the day. The stock opened at ₹3,202.25, reached a high of ₹3,233.15, and a low of ₹3,183.75. The company’s market capitalisation is ₹4.42 lakh crore, with a P/E ratio of 31.72 and a dividend yield of 0.87%. Over the past year, the stock has ranged between a 52-week high of ₹3,963.50 and a 52-week low of ₹3,141.00.

Conclusion

L&T’s latest desalination project reinforces its growing presence in the Middle East. By delivering cutting-edge water solutions, the company continues to drive sustainable infrastructure development globally.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 13, 2025, 11:51 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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