Larsen & Toubro inks technology transfer pact with Japan Steel Works.

Larsen & Toubro (L&T) has inked a pact with Japan Steel Works for transfer of critical technology for steel melting and heavy forgings.

'L&T Special Steels and Heavy Forgings (LTSSHF) has entered into a technology transfer agreement with Japan Steel Works (JSW)... the five year agreement covers transfer of critical technology for steel melting and heavy forgings made from ingots weighing up to 200 MT, for hydrocarbon, thermal power, steel and cement sectors,' the company said in a statement.

ET