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L&T, ReNew Power ink partnership to tap emerging hydrogen biz in India

It is anticipated that green hydrogen demand in India for applications such as refineries, fertilisers and city gas grids will grow up to 2 million tonne per annum by 2030

Larsen and Toubro
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Aditi Divekar Mumbai
Larsen & Toubro (L&T) in partnership with ReNew Power (ReNew) will be tapping the emerging green hydrogen business in India.

While the contours of the partnership are yet to be worked out, the two companies signed an agreement on Thursday under which, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects across the country.

“This partnership with ReNew is a significant milestone in the journey towards building a green energy portfolio for L&T. It is synergistic and brings together the impeccable track record of L&T in designing, executing, and delivering EPC projects and the expertise of