The Heavy Engineering business vertical of L&T signed a Memorandum of Understanding (MoU) with Holtec International's Asia arm on November 3, 2025, to offer design-and-build solutions for Heat Transfer Equipment. Holtec International is a US-based provider of nuclear energy solutions.

This latest agreement builds on an existing partnership between L&T and Holtec for the global deployment of Holtec's SMR-300 (Small Modular Reactor). The existing partnership is supported by the 810 Authorisation granted to L&T by the US Department of Energy.

Strategic Collaboration Details

The strategic collaboration will combine L&T's nuclear manufacturing capabilities with Holtec's design expertise to deliver solutions for nuclear and thermal power plants worldwide. The partnership specifically focuses on Heat Transfer Solutions for conventional power plant island and balance of plant applications.

Together, L&T and Holtec will drive the development of technologies to optimize thermal regulation, maximize cycle efficiency, and ensure the reliable operation of power plants. The companies stated that this collaboration will contribute to global efforts to transition to renewable energy.

Leadership Commentary

Mr. Anil Parab, Whole-time Director & Senior EVP – Heavy Engineering & CE & IPDD at L&T, commented on the partnership: “Post the COVID pandemic, energy security emerged as a strategic need, with more than 32 countries having committed to triple their nuclear power generation capacity. Our partnership with Holtec is a key strategic move to fast-track efficient energy systems and shape a sustainable energy future for both India and the world.”

Company Background

L&T is described as a USD 30 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services, operating across multiple geographies. The company has maintained leadership in its major lines of business for eight decades through what it describes as a strong, customer-focused approach and constant quest for top-class quality.

The announcement was made from Mumbai, where L&T's operations are based. The partnership represents an expansion of the companies' existing collaboration in the nuclear energy sector, specifically targeting heat transfer equipment solutions for power generation facilities.

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