L&T-Cloudfiniti, the Data Centre business initiative of Larsen & Toubro, has onboarded its first major customer at the state-of-the-art hyperscale data centre located in Sriperumbudur near Chennai. Cloudfiniti`s Sriperumbudur Data Centre has a built-in capacity of 30 MW, and of this, 12 MW colocation-ready capacity is live across two floors. The client, a leading cloud service provider has rented as much as 6 MW IT Load capacity, consisting of high-density racks spread over an entire floor, and a bulk bandwidth, thus marking it a major customer-win for Cloudfiniti at the very start. The contract tenure, which is 10 years, underscores the trust the client has posed on Cloudfiniti`s high-tech capabilities, cutting-edge infrastructure, and the strategic location of the data centre.Powered by Capital Market - Live News

Larsen & Toubro has issued and allotted 1,50,000 7.19% Rated, Listed, Unsecured, Redeemable, Non Convertible Debentures of Rs. 1 lakh each aggregating to Rs. 1,500 crore on 05 December 2024. Powered by Capital Market - Live News

Larsen & Toubro announced that India Ratings and Research has affirmed / assigned �IND AAA/Stable� rating for the Non-Convertible Debentures of the Company. India Ratings and Research has also affirmed �IND A1+� rating for the Commercial Papers of the Company. Powered by Capital Market - Live News

L&T Energy CarbonLite Solutions has secured `Limited Notice to Proceed` (LNTP) from NTPC for setting up thermal power plants in Madhya Pradesh and Bihar. The orders pertain to main plant packages of 2x800 MW Stage-II thermal power plant at Gadarwara in Madhya Pradesh and 3x800 MW Stage-II thermal power plant at Nabinagar in Bihar. The scope of work involves design, engineering, manufacturing, supply, erection and commissioning of boilers, turbines, electrostatic precipitators (ESP), auxiliaries, along with the related mechanical, electrical, instrumentation and civil works. The orders are valued above Rs 15,000 crore according to the company`s classification for ultra-mega projects. Powered by Capital Market - Live News

Larsen & Toubro has announced a strategic partnership with E2E Networks, an Indian Cloud and AI Cloud provider. The partnership is a significant step towards the adoption of GenAI solutions in India to foster a fundamental shift in the way Accelerated Computing on Cloud is used by Indian organisations. The transformative journey for organisations in AI adoption is a fundamentally different approach to implementing GenAI software solutions using Cloud GPUs to utilise an organisation`s deep learnings to deploy and evolve production-grade selfadapting AI Software. L&T will also acquire a 21% equity stake in E2E Networks through a combination of primary and secondary transactions. Under this alliance, L&T will integrate E2E Networks` Cloud and AI Cloud platform with its expertise in data center management and cloud solutions towards empowering startups, and enterprises. The collaboration aims to accelerate digital transformation for a diverse range of industries, fostering a technology-driven, sustainable future for India. Powered by Capital Market - Live News