Mumbai, March 13 -- 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.

Published by HT Digital Content Services with permission from Capital Market....