L&T Establishes Panipat Green Hydrogen Subsidiary for Sustainable Energy Projects
Key Ideas
  • L&T creates Panipat Green Hydrogen to lead green hydrogen projects in alignment with India's sustainable energy goals.
  • Previous land acquisition in Kandla, Gujarat, indicates upcoming green hydrogen and ammonia facilities by L&T.
  • The move supports India's National Green Hydrogen Mission, promoting hydrogen as a clean fuel for various sectors.
  • Panipat Green Hydrogen strengthens L&T's dedication to clean energy and supports India's decarbonization efforts.
Larsen & Toubro (L&T) has recently established a new wholly-owned subsidiary, Panipat Green Hydrogen, with the aim of spearheading green hydrogen projects and related business activities. This initiative follows L&T's previous land acquisition in Kandla, Gujarat, where the company plans to develop green hydrogen and green ammonia facilities. These projects are in line with India's focus on sustainable energy solutions and are designed to support the National Green Hydrogen Mission, which advocates for hydrogen as a clean fuel alternative in sectors like transportation and heavy industry. The incorporation of Panipat Green Hydrogen by L&T further solidifies the company's dedication to future-ready technologies and sustainable infrastructure. This strategic move not only contributes to India's decarbonization goals but also underscores L&T's pivotal role in facilitating the transition to a low-carbon economy.
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