L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), has entered into a joint development agreement with Japan’s Itochu Corporation to develop and commercialise a 300 ktpa green ammonia project at Kandla in Gujarat.
LTEG and Itochu will collaborate on the development of the facility, with the Japanese corporation planning to offtake the product for bunkering applications in Singapore.
The partnership marks a significant step in advancing clean energy solutions for the maritime sector and aligns with both companies’ commitments to sustainability and decarbonisation.
Last year L&T acquired a sizeable land parcel at Kandla for developing green hydrogen and green ammonia projects.
Subramanian Sarma, Deputy Managing Director & President, L&T, said, “As the global energy landscape shifts decisively towards sustainability, L&T remains deeply committed to driving the clean energy transition through ‘innovation, strategic partnerships, and engineering excellence’.
Hiroyuki Tsubai, Executive Vice President, Member of the Board, President, Machinery Company of Itochu Corporation, said Kandla, located on the west coast of India, will become the principal production centre of green ammonia for Itochu’s bunkering operations in Singapore.
Owing to its abundant renewable resources and competitive electricity cost, India is well positioned to become a global leader in green hydrogen and its derivatives.
India’s National Green Hydrogen Mission envisions a production capacity of at least 5 million metric tonnes per year by 2030, attracting investments exceeding $100bn.