Larsen & Toubro Ltd.

Larsen & Toubro (L&T) has declared the divestment of 100% stake in the 3 x 33 MW (99 MW) run of the river hydroelectric power plant owned by its subsidiary L&T Uttaranchal Hydropower (LTUHPL) to Renew Power Services, a wholly owned subsidiary of Renew Power. This is in line with the declared L&T focus of divesting non-core assets and improving shareholder value.

L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.