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EquityWireRenewable energy firm Neste chooses HCL Tech for AI-led efficiency programme

Renewable energy firm Neste chooses HCL Tech for AI-led efficiency programme

This story was originally published at 17:15 IST on 24 June 2026
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Informist, Wednesday, Jun. 24, 2026

 

--Neste selects HCL Tech as partner for AI-led efficiency transformation 

 

NEW DELHI – HCL Technologies Ltd. Wednesday said it has been selected as a strategic technology partner by Finland-based renewable fuels producer Neste Oyj as part of the latter's company-wide performance improvement programme aimed at boosting efficiency and strengthening its core renewables business.

"As part of this, HCLTech will drive IT service consolidation, boost efficiency and build an agile, scalable technology capability," HCL Technologies said in a filing to the stock exchanges. "Going forward, Neste will look to utilise HCLTech's scale and deep technical expertise in areas directly related to its core business competencies."

 

Neste, a leading global producer of renewable diesel and sustainable aviation fuel, expects its production capacity to reach 6.8 million tonnes per annum in 2027.

 

For the March quarter, HCL Technologies had posted a consolidated net profit of INR 44.88 billion on revenues of INR 339.81 billion. Wednesday, its shares ended at INR 1,113.90 on the National Stock Exchange, up 0.4% from Tuesday.  End

 

Reported by Gunjan Rajput 

Edited by Rajeev Pai

 

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