L&T Secures Land in Kandla, Gujarat for Green Hydrogen and Ammonia Projects
Key Ideas
- L&T has acquired land in Kandla, Gujarat, for the development of green hydrogen and green ammonia projects, aligning with India's focus on clean energy.
- The company's Chairman highlighted L&T's progress in clean energy, including advancements in green hydrogen and small modular reactors, with a focus on proprietary technology development.
- L&T is manufacturing electrolyzers, granting them a first-mover advantage in green hydrogen, and has received regulatory approval from the US Department of Energy for SMR technology transfer to India.
- The long-term goal for L&T is to develop proprietary technology and deliver cost-effective solutions tailored for emerging markets in green hydrogen, ammonia, and methanol projects.
Larsen & Toubro (L&T) has announced securing land in Kandla, Gujarat, for the development of green hydrogen and green ammonia projects. The Indian government's push for green hydrogen as a clean energy source through initiatives like the National Green Hydrogen Mission has created a conducive environment for such projects. L&T's Chairman, S N Subrahmanyan, emphasized the company's progress in clean energy sectors, particularly in green hydrogen and small modular reactors. The company is actively engaged in manufacturing electrolyzers, positioning itself as a pioneer in green hydrogen technology. Furthermore, L&T has received regulatory approval from the US Department of Energy for the transfer of small modular reactor technology to India, marking a significant milestone in their clean energy journey. With a strategic focus on proprietary technology development, L&T aims to offer innovative and cost-effective solutions tailored for emerging markets. The establishment of L&T Green Energy Kandla Pvt Ltd reflects the company's commitment to green energy projects. By securing land in Gujarat and showcasing capabilities in executing EPC projects globally, L&T is poised to contribute significantly to the green hydrogen and ammonia landscape, aligning with the global shift towards sustainable energy solutions.