L&T’s water and effluent treatment business is eyeing a slew of desalination and water treatment projects worth $1-bn in the country.
The business, which is undertaken by L&T Construction in partnership with UAE-based Tecton Engineering and Construction, is seeing significant demand mostly from coastal regions. “Coastal regions in India from the South, the East and the North-West are looking at desalination plants as an option to reduce the stress on municipal corporations,” informed Mr. S. Rajavel, Head of the Water and Effluent Treatment business, L&T.
L&T is particularly upbeat about this business as it has been seeing some momentum recently. In the past couple of months, the firm has bagged two such orders – one from the Gujarat Industrial Development Corporation (GIDC) and another from the Delhi Jal Board.
Mr. Rajavel believes that many factors are contributing to this upsurge in water-treatment initiatives, which is a $2-bn business for the company at present. “Rising shortage of ground water, rapid urbanisation and expansion of industrial activities have all put a strain on municipal corporations’ ability to meet the water demand,” he said.
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Why visit in-cosmetics Global?
Growth goal crucial amid outbreak
In 2019, the task of steel and coal capacity reduction was fully completed
Coastal coal price in Bohai power coal market
4 coal projects won the national science and Technology Award
Last year, the total value of foreign trade import and export exceeded 31tn