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L&T Technology Services Announces Lucrative Project Acquisition in Europe

Indian company L&T Technology Services (LTTS) today announced that it has managed to get a lucrative project in Europe. The project in question is related to construction management, procurement, and engineering and is apparently worth several million dollars.

The news about winning the contract was notified by the company in a securities filing. The company revealed that it had

Won a multi-million dollar project from one of the world’s top plastics, chemicals, and refining manufacturers, to deliver the entire spectrum of engineering, procurement and construction management (EPCM) services for the expansion of an existing site in Europe.

The project has a duration of 30 months and is going to run at the Brownfield plant of the client in Germany. LTTS is going to be the engineering partner and is going to help with all aspects of the construction starting from procurement to safety design.

The President of Sales and Business Development at the company, Amit Chadha, spoke about the projects as well. He said,

LTTS has already carried out successful brownfield projects in the USA and we are privileged to extend our engagement with an important customer to the European markets.

Categories: Engineering News
Mary Lawrence: Mary Lawrence is a news editor for FinanceDepth. She holds a bachelor's degree in journalism. From the beginning of her career, she is happy to write about anything but the most for finance. She writes about personal and government financing along with the business, economy and the stock market. You can further contact her via email: <a href="mailto:nancy@financedepth.com">nancy@financedepth.com</a>