Wedoany.com Report-Apr. 7, Larsen & Toubro, a prominent engineering and construction company, has recently announced the incorporation of a new subsidiary, L&T Green Energy Kandla Pvt Ltd, to focus on developing green hydrogen projects. This move marks a significant step for the company in its quest to explore sustainable energy solutions. The new subsidiary is a wholly-owned subsidiary of Larsen & Toubro Energy Green Tech Ltd, which was already involved in various green energy initiatives.
Green hydrogen, produced through the electrolysis of water using renewable energy, is considered a clean and versatile energy source that can help address both energy supply challenges and climate change concerns. The company has already taken the first step in this direction by commissioning its first green hydrogen plant in Gujarat earlier this year. This initiative aligns with global efforts to transition to low-carbon energy sources and demonstrates Larsen & Toubro’s commitment to innovation and sustainability.
Larsen & Toubro, a USD 27-billion company, operates across multiple countries and specializes in engineering, procurement, and construction projects, as well as hi-tech manufacturing and services. With this new venture, the company continues to expand its portfolio and reinforces its position as a leader in sustainable energy solutions.
