L&T Energy GreenTech to build India's largest green hydrogen plant for IOCL in Panipat
The project is of high impact due to its scale (India's first largest green hydrogen plant), long-term nature (25-year contract), and strategic importance in India's energy transition. It positions L&T as a pioneer in the green hydrogen ecosystem, securing a major order and contributing to national decarbonisation goals.
The announcement details a significant new project for L&T, establishing India's first largest green hydrogen plant with a 25-year supply contract to IOCL. This marks a strategic entry into a crucial green energy sector and highlights L&T's leadership and capabilities in clean energy infrastructure.
* L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), will establish India’s first largest green hydrogen plant at Indian Oil Corporation Ltd’s (IOCL) Panipat Refinery in Haryana. * The plant, to be developed on a build-own-operate (BOO) basis, will supply 10,000 tonnes of green hydrogen annually to IOCL for 25 years. * This initiative supports the Government of India’s National Green Hydrogen Mission and IOCL’s broader strategy to decarbonise its refining operations. * The plant will operate round the clock using renewable energy and produce green hydrogen using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. * Mr. Subramaniam Sarma, Deputy Managing Director & President, L&T, stated that this long-term project validates their strategy to lead the nation’s energy transition and deepens their partnership with IOCL. * Mr. Derek Shah, Head – Green Manufacturing & Development, L&T, added that the project reflects their end-to-end green energy capabilities and supports India’s Aatmanirbhar Bharat mission by deploying indigenously manufactured electrolysers.
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Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Larsen & Toubro Limited. Read the original for the full detail.