L&T Energy Green Tech Subsidiary Leads Green Hydrogen Projects in India and Europe
Key Ideas
  • L&T Energy Green Tech forms L&T Green Energy Kandla Pvt Ltd (LTGEK) to focus on green hydrogen and ammonia projects amidst India's ambitious hydrogen production targets.
  • India's National Green Hydrogen Mission allocates significant capacities for green hydrogen production and electrolyser manufacturing, aiming to reduce fossil fuel import dependence and incentivize green initiatives.
  • Europe's hydrogen project pipeline faces challenges as only 17% of the EU's planned projects are projected to proceed without intervention, indicating a widening gap between ambition and actual progress.
  • Various companies like Smartenergy, Norwegian Hydrogen, H2Apex Group, Nowega, and Bosch Aviation Technology are making significant investments and developments in green hydrogen projects and infrastructure in different countries.
Larsen & Toubro (L&T) subsidiary L&T Energy Green Tech has established a wholly owned subsidiary, L&T Green Energy Kandla Pvt Ltd (LTGEK), dedicated to developing green hydrogen, ammonia, and related projects. India's National Green Hydrogen Mission has set ambitious targets, with a focus on reducing fossil fuel imports through green initiatives. The Ministry of New and Renewable Energy in India has sanctioned pilot projects for hydrogen-fueled vehicles to promote green hydrogen adoption across various routes in the country. Additionally, European countries like Spain and Germany are witnessing advancements in green hydrogen projects, with projects like Orange.bat in Valencia and developments by H2Apex Group and Nowega in Germany. In Europe, the hydrogen project pipeline faces challenges, with only a small percentage expected to move forward without intervention. Despite this, companies like Smartenergy, Norwegian Hydrogen, H2Apex Group, Nowega, and Bosch Aviation Technology are actively investing in green hydrogen projects. Norwegian Hydrogen has made an investment decision for a 25 MW hydrogen plant in Norway, aligning with their strategy for expanding green hydrogen production. H2Apex Group has acquired a hydrogen project in Germany, and Nowega has initiated filling the hydrogen pipeline in Germany's Lower Saxony section. Moreover, Bosch Aviation Technology has successfully converted a gasoline aircraft engine to run on hydrogen, showcasing advancements in hydrogen technology.
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