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L&T Technology Services Limited Sets Up Development Center Dedicated to Support Danish Wind Energy Leader Vestas

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L&T Technology Services Limited (NSE: LTTS), a leading global pure-play engineering R&D services company, announced the formal establishment of an engineering solutions delivery center in Chennai, India that is focused on supporting a key customer. The center strengthens collaboration with Vestas (Nasdaq: VWS), the world leader in the development, manufacturing, sale and maintenance of wind power plants.

The dedicated development center will facilitate cost-effective engineering solutions and focus on solutions in areas like Energy Storage, Hybrid Energy and Smart products.

“Vestas works with long-term partners like L&T Technology to help develop solutions that lower the cost of energy, ensure flexibility in product development and shorten the amount of time needed to bring new products and solutions to market,” said Mr Andreas Bürger, Senior Vice President, Power Solutions, Industrialization at Vestas.

Mr Bhupendra Bhate, Chief Digital Officer, L&T Technology Services Limited, said, “We have helped to create global success stories in energy management and storage solutions as well as services for the solar and wind power segments. We are excited to strengthen our partnership with Vestas by leveraging our expertise in automation, engineering analytics and the IoT for the wind energy industry.”

L&T Technology Services has been associated with Vestas for over a decade as a strategic engineering partner.

About Vestas:

Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service wind turbines across the globe, and with 85 GW of wind turbines in 75 countries, Vestas has installed more wind power than anyone else. Through its industry-leading smart data capabilities and unparalleled more than 71 GW of wind turbines under service, Vestas uses data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 22,500 employees are bringing the world sustainable energy solutions to power a bright future.

About L&T Technology Services Limited:

L&T Technology Services Limited is a publicly listed subsidiary of Larsen & Toubro Limited focused on Engineering and R&D Services, addressing global customers. A leading global pure-play engineering services company, L&T Technology Services serves over 50 Fortune 500 companies and 48 of the world’s top ER&D spenders and provides solutions in the areas of Mechanical Engineering Services, Embedded Systems & Applications, Engineering Process Services, Product Lifecycle Management, Engineering Analytics, Power Electronics, Machine-to Machine (M2M), and the Internet-of-Things (IoT). We operate across multiple verticals such as Automotive, Off-Highway, Telecom, Semiconductors, Consumer Electronics, Industrial Machinery, Energy & Utilities and Process Industries. Our cutting edge solutions such as Integrated Building Energy Management Solution – iBEMS and IoT platform UBIQWeise™ enable companies to derive optimum value from their engineering and manufacturing investments. Headquartered in India, L&T Technology Services Limited has more than 10,000 employees, 12 global delivery centres in India and overseas, sales offices in India, North America, Europe, the Middle East and Asia and 34 labs as of March 31, 2017. For additional information about L&T Technology Services log on to www.LntTechservices.com/.

Contact information

L&T Technology Services Limited
Aniruddha Basu, +91-80-67675173
Aniruddha.Basu@LntTechservices.com

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