L&T Incorporates New Subsidiary to Develop Green Hydrogen Projects

Larsen & Toubro (L&T) has taken a significant step in the green energy sector by incorporating L&T Green Energy Kandla Pvt Ltd, a subsidiary focused on developing green hydrogen projects. This move aligns with L&T's broader sustainability goals, following the successful commissioning of its first green hydrogen plant in Gujarat.

Green hydrogen, produced through electrolysis powered by renewable energy, is gaining traction as a clean and versatile energy carrier. L&T's new subsidiary will not only focus on hydrogen production but also explore derivatives like green ammonia, which can be crucial for industrial applications.

Several companies have been actively incorporating subsidiaries to expand their presence in green hydrogen and clean energy. Reliance Industries has been advancing its green hydrogen initiatives through Reliance New Energy Ltd, focusing on electrolyser manufacturing and hydrogen production.

Adani Group has incorporated Adani New Industries Ltd, which is working on large-scale green hydrogen projects. JSW Energy has set up JSW Future Energy Ltd, aiming to develop hydrogen-based solutions for industrial applications.NTPC has launched NTPC Green Energy Ltd. dedicated to renewable energy projects.