Companies Expand Presence in Green Hydrogen Through Subsidiaries
Key Ideas
  • Larsen & Toubro (L&T) establishes L&T Green Energy Kandla Pvt Ltd for green hydrogen projects aligning with sustainability goals.
  • Companies like Reliance Industries, Adani Group, JSW Energy, and NTPC are actively incorporating subsidiaries for green hydrogen initiatives.
  • The focus is on producing green hydrogen through electrolysis powered by renewable energy and exploring green ammonia for industrial use.
  • The expansion in green hydrogen projects indicates a growing trend towards clean and versatile energy solutions.
Several companies, including Larsen & Toubro (L&T), Reliance Industries, Adani Group, JSW Energy, and NTPC, are expanding their presence in the green energy sector by incorporating subsidiaries focused on green hydrogen projects. L&T has taken a significant step by establishing L&T Green Energy Kandla Pvt Ltd after successfully commissioning its first green hydrogen plant in Gujarat. This move is part of L&T's sustainability goals and aims to explore not only green hydrogen production but also derivatives like green ammonia for industrial applications. Reliance Industries is progressing in green hydrogen through Reliance New Energy Ltd, focusing on electrolyser manufacturing and hydrogen production. Adani Group's Adani New Industries Ltd is working on large-scale green hydrogen projects, while JSW Energy's JSW Future Energy Ltd is developing hydrogen-based solutions for industrial applications. NTPC has also entered the green energy space with NTPC Green Energy Ltd dedicated to renewable energy projects. The trend highlights the shift towards cleaner and more sustainable energy solutions in the industry.
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