HCLTech Partners with Neste to Drive AI-Led Efficiency Transformation
ESPOO, Finland and NOIDA, India, June 24, 2026 – Global technology company HCLTech has been selected as a strategic partner by Neste, the world's leading producer of sustainable aviation fuel and renewable diesel. The partnership is set to drive efficiency across Neste's operations as part of the Finnish company's comprehensive performance improvement program.HCLTech will be instrumental in boosting operational efficiency and building an agile, scalable technology capability at Neste. The collaboration involves driving IT service consolidation, enabling HCLTech to utilize its deep technical expertise and vast scale in areas directly related to Neste's core business competencies.
Eeva Sipilä, CFO at Neste, stated that the partnership is a key element in strengthening their core IT capabilities as they work to simplify their IT landscape. "Our initial priority is to drive efficiency and maintain business continuity," Sipilä said, adding that the collaboration aims to build a solid foundation for long-term achievement of Neste's business goals.
Ajay Bahl, Chief Growth Officer at HCLTech, highlighted the importance of the engagement. "This partnership is an important step in strengthening Neste's IT service delivery and supporting a more efficient operating model with the changing needs of global energy sector," Bahl commented. He added that HCLTech looks forward to working closely with Neste to ensure a smooth transition and deliver reliable, high-quality services crucial for operational excellence.
Overview of Companies and Strategic Focus
Neste is recognized globally as the leader in renewable diesel and sustainable aviation fuel (SAF), operating production facilities across three continents. The company's strategic focus remains on growth within renewable fuels, helping customers reduce their greenhouse gas emissions. Neste is set to reach a renewables production capacity of 6.8 million tons annually by 2027.HCLTech, a global technology firm with over 227,000 employees in 60 countries, delivers industry-leading services focused on AI, digital, engineering, cloud, and software solutions. The company serves diverse verticals including Financial Services, Manufacturing, Life Sciences, and Media.
Key data regarding the two organizations is summarized below:
| Metric | HCLTech Details | Neste Details |
|---|---|---|
| Core Business | AI, Digital, Cloud, Software services across multiple industries. | Leading producer of renewable diesel and sustainable aviation fuel (SAF). |
| Scale | Over 227,000 people globally. | Production on three continents; nearly 1,000 fuel stations network in Finland and Baltics. |
| Financials | Consolidated revenues totaled $14.7 billion as of 12 months ending March 2026. | Revenue stood at EUR 19.0 billion in 2025. |
The partnership ensures that HCLTech's expertise will support Neste’s strategic goals by consolidating IT services and enhancing operational robustness within the rapidly evolving global energy sector.
HCLTECH Stock Price Movement
Today, shares of HCL Technologies Limited edged higher to close at ₹1113.9, gaining 0.41% in post-market trading. The stock traded within a tight range between a low of ₹1093.2 and a high of ₹1121.5, with approximately 3.5 million shares transacting today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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