L&T to Build India’s Largest Green Hydrogen Plant
L&T Energy GreenTech is set to establish India’s largest green hydrogen plant at IOCL’s Panipat Refinery, a major leap in the nation’s energy transition.
L&T Energy GreenTech is set to establish India’s largest green hydrogen plant at IOCL’s Panipat Refinery, a major leap in the nation’s energy transition.
L&T has committed to achieving water and carbon neutrality by 2035 and 2040 as part of their sustainability-linked bond agreement.
For green hydrogen, the government has set incentives for production at Rs 50 per kg in the first year, Rs 40 in the second year, and Rs 30 in the third year, totaling Rs 5400 crore
S N Subrahmanyan outlined plans to enhance green energy capacity, encourage women’s participation in the workforce and community development
By meeting predetermined sustainability targets, L&T closes sustainability linked loan, and continues to focus on achieving water and carbon neutrality