L&T to invest $2.5 billion for green energy sector

Larsen & Toubro is committed to work across the green energy value chain and plans to invest up to $2.5 billion over the next 3-4 years. The investment of such a large scale in the green energy sector depends upon how the market evolves. The statement comes in the wake of Larsen & Toubro (L&T)

L&T commissions new green hydrogen plant in Gujarat

Larsen & Toubro (L&T) commissioned a new green hydrogen plant at Hazira in Gujarat. The development comes five months after the company inked a joint venture with Indian Oil Corporation (IOC) and ReNew Power for the production of green hydrogen. L&T and IOC had also inked a separate joint venture for the production of electrolysers.

ReNew Power looks to enter into development of African green hydrogen projects

ReNew Power Ltd is looking to foray into Africa by developing green hydrogen projects in Egypt, Morocco, and Oman. ReNew has announced several initiatives to expand its renewable energy business, including green hydrogen and energy storage. In April, it entered a joint venture agreement with state-run Indian Oil Corp. Ltd and engineering and construction major

L&T from India is front runner for NEOM’s renewable facilities contract

According to MEED, India’s Larsen & Toubro is believed to has been selected to build solar and wind plants for supplying electricity to the city’s $6.4-billion green hydrogen-based ammonia plant at OXAGON industrial zone for Saudi Arabia’s NEOM Green Hydrogen Co. L&T, along with Energy China and Power China, has submitted a proposal for an

Komatsu India launches biofuel compatible mining equipment

Komatsu India Private Limited (KIPL), a wholly owned subsidiary of Komatsu Ltd (Komatsu)., Japan, and manufacturer of Construction and Mining Equipment, along with its distribution partner Larsen & Toubro Limited (L & T) has secured orders for large-sized mining equipment from a major mining customer in India. Komatsu’s high-quality products and L & T’s trusted

L&T to collaborate with IIT Bombay for green hydrogen

Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, signed an agreement with the Indian Institute of Technology Bombay, the nation’s premier technology and research institution to jointly pursue research and development work in the Green Hydrogen value chain.   Both the institutions have joined hands to contribute towards development

IOC, L&T, and ReNew form JV for green hydrogen

Indian Oil Corporation (IOC), Larsen & Toubro (L&T), and ReNew Power have formed a joint venture (JV) company to develop the nascent green hydrogen sector in India. Additionally, IndianOil and L&T have signed a binding term sheet to form a JV with equity participation to manufacture and sell electrolyzers used in the production of green