L&T Bags Mega Rs 5,000 Crore Deal to Build Cutting-Edge Desalination Plant in Saudi Arabia!
L&T Signs Major Contract: Larsen & Toubro (L&T) has signed a significant agreement with ACWA Power to construct a seawater reverse osmosis desalination plant in Saudi Arabia.
Joint Venture: The project will be executed in partnership with Lantania, a Spanish company, under L&T's Water & Effluent Treatment (WET) division.
Project Capacity: The Ras Mohaisen Desalination plant will have a capacity of 300,000 cubic meters per day.
Beneficiaries: The plant will provide drinking water to approximately one million residents in the Makkah Al-Mukarramah and Al-Baha regions.
Project Scope: The contract encompasses design, procurement, construction, testing, and commissioning of the plant, along with advanced automation systems and a solar power facility.
Financial Details: This large order is valued between Rs 2,500 crore and Rs 5,000 crore, marking L&T's second desalination project in Saudi Arabia.
Strategic Expansion: This deal reinforces L&T's growing presence in the Middle East and its commitment to expanding its footprint in business-friendly markets globally.
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