Engineering giant Larsen & Toubro (L&T) has formed a new wholly owned subsidiary, L&T Green Energy Kandla Private Limited (LTGEK), with a focus on green hydrogen and related projects. The company, known for its expertise in engineering, procurement, and construction projects, aims to leverage green hydrogen as a clean and versatile energy carrier. The subsidiary, incorporated with a nominal share capital of ₹1 lakh, signifies L&T's commitment to sustainable energy solutions and combatting climate change. The move follows L&T's successful commissioning of its initial green hydrogen plant in Gujarat. Despite recent fluctuations in L&T's stock performance, the company maintains a significant market capitalization of ₹4.48 lakh crore as of April 5, 2025, on the National Stock Exchange (NSE). This development reflects growing interest and investments in renewable energy and underscores L&T's strategic focus on innovation and sustainability. L&T, a $27 billion Indian multinational enterprise, continues to expand its presence in the engineering, manufacturing, and services sectors globally, emphasizing its leadership in delivering cutting-edge solutions.