Triveni's association with Lufkin dates back to 1998 when the first agreement was signed. The new license agreement is for a period of twelve years and it covers manufacture of extended range of steam turbine gear boxes upto 62 MW, gear boxes for compressors and load gear boxes for gas turbines apart from gear boxes for mechanical drives like pumps, fans and blowers driven by electric motor, steam turbine or diesel engine.

The company made this announcement after the trading hours on 18 January 2011.