41.05 (1.23%) L&T Technology Services (LTTS) has signed a collaboration agreement with Pandit Deendayal Energy University (PDEU). The industry-academia partnership aims to develop disruptive technologies and prioritize the creation of innovations that strengthen clean and sustainable energy.
According to the agreement, LTTS will also help to setup a Center of Excellence at the premises of the PDEU, where the projects undertaken will focus on R&D in hydrogen generation, carbon capture, energy storage, & pumped storage.
LTTS, at the core of its offerings is focused towards leveraging technology trends that support sustainable business growth. LTTS has identified six strategic areas to drive business agility and Sustainability is one of these six key strategic areas, with EACV, 5G, Digital Manufacturing, AI & Digital Products and MedTech being the other five. Following this collaboration with PDEU, LTTS aims to boost energy efficient initiatives and innovations.
LTTS has embraced net-zero as a core sustainability focus and will leverage its deep capabilities around energy transition and management, water and waste management, circular product design, digital intervention, sustainability consulting, and climate action for realizing this aspiration.