Larsen & Toubro Limited (L&T) has signed a Memorandum of Understanding (MoU) with Holtec International’s Asia arm to jointly provide design and build solutions for heat transfer equipment used in nuclear and thermal power plants. The agreement was signed on 3 November 2025 in Mumbai.
The collaboration builds on the existing partnership between L&T and Holtec, which already includes cooperation on the deployment of Holtec’s Small Modular Reactor (SMR-300). The arrangement is supported by the 810 Authorisation granted to L&T by the United States Department of Energy, allowing the export of nuclear technology and services.
The partnership aims to combine L&T’s nuclear manufacturing capabilities with Holtec’s design expertise to deliver advanced heat transfer systems for power generation facilities worldwide. These systems will focus on optimising thermal regulation and improving cycle efficiency across conventional power plant islands and balance-of-plant applications.
“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,” said Anil Parab, Whole-time Director and Senior Executive Vice President – Heavy Engineering and CE & IPDD, L&T.
Larsen & Toubro Limited is an Indian multinational conglomerate with annual revenues of approximately USD 30 billion. The company operates in engineering, procurement and construction (EPC) projects, hi-tech manufacturing, and services across multiple geographies.