AsiaOffshoreRenewables

Larsen & Toubro unveils $2.5bn green energy plans

Indian engineering conglomerate Larsen & Toubro (L&T) has laid out an outlay of up to $2.5bn to develop its green energy portfolio over the coming four years.

On Saturday, L&T commissioned its first hydrogen generation plant at Hazira.

L&T aims to enter into the manufacturing of technological equipment including electrolysers, advanced cell batteries and fuel cells.

Offshore wind farms will also form a key plank of the $2.5bn investment.

The company has pledged water and carbon neutrality by 2035 and 2040, respectively.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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