LTTS Wins USD 50 Million Five-Year Sustainability Deal

27 Jun 2025 CW Team

L&T Technology Services (LTTS), the listed engineering arm of Larsen & Toubro, has secured a five-year framework agreement worth more than USD 50 million to serve as the exclusive global engineering partner for the Sustainability division of one of the world’s leading energy companies.

Under the pact LTTS will deliver enterprise data and digital services, encompassing advanced power-management solutions, next-generation cooling, and scalable rack architectures designed to optimise the client’s worldwide network of AI-enabled, low-carbon “energy factories”.

Chief Executive and Managing Director Amit Chadha said the win builds on a decade-long relationship and draws on LTTS’s experience in modernising more than 600 industrial plants. “By fusing our proven plant-engineering expertise with new-age digital technologies we will accelerate the client’s sustainability goals and elevate operational excellence,” he noted.

The engagement follows LTTS’s recent strategic agreement with Tennant Company to accelerate sustainable product development and strengthens the firm’s portfolio across sectors including medical devices, transport, telecoms and industrial products.

Shares in LTTS have declined almost ten per cent over the past year, yet opened modestly higher in Monday trade amid investor optimism around the deal’s revenue visibility.

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