L&T Energy GreenTech to Build India's Largest Green Hydrogen Plant for IOCL
L&T Energy GreenTech Ltd (LTEG), a subsidiary of Larsen & Toubro, will establish India's largest green hydrogen plant at IOCL's Panipat Refinery. The plant will supply 10,000 tonnes of green hydrogen annually for 25 years, operating 24/7 using renewable energy and high-pressure alkaline electrolysers. This project aligns with India's National Green Hydrogen Mission and IOCL's decarbonization strategy, setting a precedent for industrial-scale adoption of green hydrogen across various sectors.

*this image is generated using AI for illustrative purposes only.
Larsen & Toubro (L&T), one of India's leading engineering and construction conglomerates, has announced a groundbreaking development in the country's green energy sector. L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of L&T, is set to establish India's largest green hydrogen plant at Indian Oil Corporation Ltd's (IOCL) Panipat Refinery in Haryana.
Project Details
- The plant will be developed on a build-own-operate (BOO) basis.
- It will supply 10,000 tonnes of green hydrogen annually to IOCL.
- The agreement spans 25 years, supporting India's National Green Hydrogen Mission.
- The facility will operate 24/7 using renewable energy.
- High-pressure alkaline electrolysers, manufactured at L&T Electrolysers Ltd's facility in Hazira, Gujarat, will be used for green hydrogen production.
Strategic Importance
This initiative marks a significant milestone in India's energy transition and reinforces L&T's position as a leader in delivering sustainable, clean energy infrastructure. The project aligns with IOCL's strategy to decarbonise its refining operations and contribute to India's net-zero ambitions.
Industry Impact
LTEG's pioneering role in this project sets a precedent for industrial-scale adoption of green hydrogen across various sectors, including refineries, fertiliser plants, and other hard-to-abate industries. This development is expected to have far-reaching implications for India's clean energy landscape.
Leadership Statements
Mr. Subramaniam Sarma, Deputy Managing Director & President of L&T, commented on the project: "The decision to set up India's maiden green hydrogen plant validates our strategy to lead the nation's energy transition. This long-term project not only deepens our partnership with IOCL but also reinforces our capability to deliver large-scale clean energy solutions."
Mr. Derek Shah, Head of Green Manufacturing & Development at L&T, added: "This project reflects our end-to-end green energy capabilities — from electrolyser manufacturing to execution and operation. With cutting-edge technology and a skilled team, we are confident of delivering a high-performance, zero-emission plant that sets new industry benchmarks."
Supporting India's Self-Reliance
The initiative also supports India's Aatmanirbhar Bharat (Self-Reliant India) mission by deploying indigenously manufactured electrolysers. This approach is crucial for developing self-reliant clean-tech solutions and achieving long-term decarbonisation goals.
As India continues its push towards sustainable energy solutions, this project by L&T Energy GreenTech stands as a testament to the country's commitment to green hydrogen and its potential to revolutionize the energy sector.
Historical Stock Returns for Larsen & Toubro
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.12% | +0.22% | -2.24% | -1.06% | -4.05% | +273.49% |