Business Economy


LTTS secures 5-year contract worth USD 50 million from global energy major

Mumbai, June 25 (UNI) L&T Technology Services (LTTS), a global leader in engineering and technology services, today said that its sustainability segment has been selected by one of the world's leading energy companies as its exclusive global engineering partner for providing enterprise data and digital services.
The five-year agreement, valued at over USD 50 million, underscores the client’s long-term commitment to sustainability, innovation and digital transformation. This strategic partnership builds on a trusted relationship between the client and LTTS spanning over a decade, the company said in a filing with BSE.
As per the agreement, LTTS will provide enterprise data and digital services for the client’s affiliates globally. The deal has been finalised as a long-term framework agreement.
Amit Chadha, CEO and managing director of L&T Technology Services, said, “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.”

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