L&T to Build India's Largest Green Hydrogen Plant

L&T Energy GreenTech Ltd, a wholly-owned subsidiary of Larsen & Toubro (L&T), has taken a huge step in fuelling the green energy aspirations of India, as it will install the largest green hydrogen production plant in the country with Indian Oil Corporation (IOCL) in its Panipat Refinery in Haryana. The event will be a big step towards the reinforcing the Indian ecosystem on green hydrogen and also the National Green Hydrogen Mission that is pursued by the government of India to build green hydrogen as a major production center and technology hub.

The green hydrogen project has a capacity of 10000 tonnes of green hydrogen per year of supply to IOCL during 25 years on a build-own-operate (BOO) basis. The plant will be built to run on renewable energy 24x7, which is directly related to the IOCL decarbonization goals and also assist in the wider net zero Indian goals.

This indicates an increased momentum of green hydrogen investments and massive renewable integration as the oil and gas industry, a notable indicator towards meeting India's targets in terms of achieving energy transition. The expanded partnership between L&T and IOCL further supports the strategic shift of the company to focus on green infrastructure and clean energy innovation.

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Commenting on the development, L&T Deputy Managing Director & President Subramanian Sarma said, "The decision to set up India's maiden green hydrogen plant validates our strategy to lead the nation's energy transition. This long-term project not only deepens our partnership with IOCL but also reinforces our capability to deliver large-scale clean energy solutions."

This endeavor additionally underscores a deeper shift in India's industrial ecosystem, as significant players in energy, infrastructure, and oil are moving toward a zero-carbon future fueled by green hydrogen.