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L&T, India’s largest engineering and construction company, plans to invest $12 billion in the next five years, with $4 billion dedicated to expanding its clean energy sector. The company aims to create 2-3 million tonnes of green hydrogen and ammonia capacity. Discussions with coastal states are underway to secure land for hydrogen facilities. The hydrogen venture will begin with electrolyzer manufacturing powered by renewable energy from ReNew Power, producing green hydrogen at an Indian Oil Corp. refinery. L&T intends to extend this effort to more refineries and clients, reflecting its commitment to clean energy growth in India.
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Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th August 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
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