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L&T in talks with steel, cement cos to set up green hydrogen plants

2022-08-23

Larsen & Toubro (L&T), which commissioned its first green hydrogen plant at its complex in Gujarat, is in talks with more companies for setting up similar units.

As part of its environmental, social, and governance (ESG) commitments, L&T is planning to achieve water neutrality by 2035 and carbon neutrality by 2040, making green hydrogen an integral part of its clean fuel adoption policy.

In order to supply green hydrogen, the company is in talks with major refineries both in the government and private sector. The company is also in touch with a dozen companies, operating in steel and cement space, and refineries for setting up similar hydrogen plants, a senior company official said.

This project which started about seven months ago was implemented on a very fast-track basis. This first green hydrogen plant in India is a kind of model that the company want to project because it has modern equipment, digital and automation system and this is the way forward.