L&T Tech wins $100 mn deal for plant engineering
Mumbai: L&T Technology Services Ltd, a leading global pure-play engineering services company, on Thursday, announced that it has been selected by a global O&G major to be the primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in the USA.
This is a multi-year engagement with a potential value of more than USD 100 million, the company said.
Under the five-year engagement, LTTS will provide multi-discipline plant engineering activities including site sustenance, discipline engineering, and control automation support for both facilities.
LTTS will leverage its in-house digital engineering tools and new-age technology and solutions to optimize project execution and drive efficiency improvements for the customer. The two sites covered under LTTS’ scope are integrated refining, chemical, and polymer complexes and are currently among the top 10 biggest downstream sites in the U.S., said Dr. Keshab Panda, CEO & MD.
“Our focus on multi-vertical, large engagements with customer intimacy, leveraging digital, and new-age technologies is yielding the desired outcomes. This latest instance of a major customer awarding LTTS a large multi-year program is testimony to our global plant engineering expertise,” he said in a statement.
LTTS is a listed subsidiary of Larsen & Toubro Ltd focused on Engineering and R&D (ER&D) services. It offers consultancy, design, development, and testing services across the product and process development life cycle. Its customer base includes 69 Fortune 500 companies and 53 of the world’s top ER&D companies, across industrial products, medical devices, transportation, telecom and hi-tech, and the process industries.
(VP)
