L&T Technology Secures $ 50 Million Plus Agreement from Global Energy Major
L&T Technology Services Limited, recognized as a prominent provider of engineering and technology solutions worldwide, has announced that its Sustainability segment has been chosen by one of the top energy firms globally to act as its sole global engineering partner for Enterprise Data and Digital Services.
This five-year contract, valued at more than $50 million, highlights the client's enduring commitment to sustainability, innovation, and digital transformation. This strategic alliance builds on a decade-long relationship between the client and LTTS.
Under this agreement, LTTS will deliver Enterprise Data and Digital Services to the client’s affiliates around the world. With more than twenty years of expertise in engineering, manufacturing support, digital transformation, and enterprise data management, LTTS is ideally suited to provide substantial value and insights to energy companies internationally, utilizing its distinctive global delivery model.
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This agreement has been established as a long-term framework, with LTTS taking on increased responsibility for providing high-performance, reliable, and quality-oriented digital services.
Amit Chadha, CEO and Managing Director of L&T Technology Services says, “This large deal win in our Sustainability segment with a leading energy major has been possible due to LTTS’ unique credentials which include enabling over 600 major plants across the globe."
"By combining our proven track record in plant engineering with state-of-the-art new age technologies, we will support the client in their digital transformation while enhancing overall operational excellence. Together, we are building a resilient, technology-driven roadmap for the energy industry,” adds Amit.
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L&T Technology Services (LTTS) is a global leader in engineering and technology services. A listed subsidiary of Larsen & Toubro (L&T), we offer design, development, testing, and sustenance services across products and processes.