Larsen & Toubro (L&T) has launched a new subsidiary, L&T Green Energy Kandla Private Limited (LTGEK), to strengthen its foothold in the rapidly expanding green hydrogen and derivatives market. The newly formed entity will operate under L&T Energy Green Tech Limited, a wholly-owned subsidiary of L&T.
Strategic Expansion in Clean Energy Space
Although LTGEK is yet to begin operations, it will concentrate on the development of green hydrogen and its derivatives, such as green ammonia. The initiative marks a strategic step in L&T’s broader push toward clean energy and sustainability.
Aligning with Global Decarbonisation Goals
With demand for green hydrogen expected to rise sharply amid accelerating global decarbonisation efforts, L&T aims to position itself as a key player in the renewable energy transition. As reported by cnbctv18.com, the formation of LTGEK reflects the company’s commitment to scaling its green energy portfolio and supporting global efforts to reduce carbon emissions.
