L&T Launches Subsidiary LTGEK to Strengthen Foothold in Green Hydrogen Market
Key Ideas
- L&T establishes LTGEK to focus on green hydrogen and derivatives like green ammonia, enhancing its presence in the clean energy sector.
- The move aligns with L&T's strategic vision for clean energy and sustainability, positioning the company as a key player in the renewable energy transition.
- LTGEK's formation signifies L&T's commitment to expanding its green energy portfolio and contributing to global efforts in carbon emissions reduction.
Larsen & Toubro (L&T) has introduced a new subsidiary, L&T Green Energy Kandla Private Limited (LTGEK), to bolster its position in the rapidly growing green hydrogen and derivatives market. LTGEK, which will operate under L&T Energy Green Tech Limited, focuses on developing green hydrogen and related products like green ammonia. This initiative is part of L&T's strategic move towards clean energy and sustainability. By venturing into the green hydrogen domain, L&T is aligning itself with the increasing global demand for sustainable energy solutions to support decarbonisation efforts. The establishment of LTGEK underscores L&T's dedication to expanding its green energy portfolio and playing a significant role in reducing carbon emissions globally.