L&T Technology Services wins multi-million dollar EPCM project in Europe

On Monday, L&T Technology Services (LTTS) announced that it had won a multi-million dollar contract from one of the leading plastics, chemical, and refining manufacturers of the world to deliver engineering, procurement and construction management (EPCM) services for the expansion of an existing site.

The expansion project is said to be implemented at the customer's brownfield project in Germany, the duration of which is expected to be over 30 months. Speaking on the announcement, Amit Chadha, the president of sales and business development and a board member at LTTS, stated that the deal win was a reaffirmation of LTTS's strong position in plant engineering after already having carried out such projects in the USA.

L&T Technology Services Limited is an engineering research and development services company, which is engaged in providing a range of engineering services and related technologies in the areas of embedded systems, mechanical and others.

At 11 am on Monday, the stock was trading at Rs 1,482 up by 0.86 per cent or Rs 12.65 per share. The 52-week high was recorded at Rs 1,817.75 and the 52-week low was recorded at Rs 1,395.60