Larsen & Toubro Launches Green Hydrogen Arm for Renewable Energy Projects
Key Ideas
- Larsen & Toubro establishes L&T Green Energy Kandla Pvt Ltd for green hydrogen initiatives, including green ammonia projects.
- The company is focused on developing green hydrogen through water electrolysis powered by renewable energy sources.
- This move aligns with the global shift towards clean energy and addressing climate change concerns.
- L&T's prior experience in commissioning a green hydrogen plant in Gujarat showcases its commitment to sustainable energy projects.
Indian engineering powerhouse Larsen & Toubro announced the formation of L&T Green Energy Kandla Pvt Ltd, a subsidiary dedicated to green hydrogen projects. This move reinforces the company's commitment to sustainable energy initiatives. Green hydrogen, produced from water electrolysis powered by renewables, is recognized as a clean, flexible energy carrier. Larsen & Toubro aims to leverage this technology to address the growing need for environmentally friendly solutions and combat climate change. The establishment of L&T Green Energy Kandla signifies the company's strategic focus on advancing green hydrogen and its derivatives like green ammonia. Larsen & Toubro, a multi-billion-dollar conglomerate with a broad presence in engineering, procurement, and construction projects, is actively contributing to the shift towards renewable energy solutions. By commissioning its first green hydrogen plant in Gujarat, Larsen & Toubro has demonstrated its capability and commitment to sustainable energy development. The incorporation of L&T Green Energy Kandla Pvt Ltd further solidifies the company's position as a key player in the green energy sector, supporting the transition to a more sustainable future.