Larsen & Toubro Expands Green Energy Portfolio with New Subsidiary
Larsen & Toubro's subsidiary, L&T Energy Green Tech Limited, has incorporated a new wholly-owned subsidiary named L&T Green Energy Kandla Private Limited (LTGEK) on April 4, 2025. LTGEK, with an authorized capital of Rs. 1,00,000, will focus on developing green hydrogen and its derivatives, including green ammonia. This strategic move aligns with global clean energy trends and positions L&T at the forefront of India's green energy transition.

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Larsen & Toubro (L&T), one of India's leading engineering and construction conglomerates, has taken a significant step towards bolstering its presence in the green energy sector. The company's subsidiary, L&T Energy Green Tech Limited, has incorporated a new wholly-owned subsidiary named L&T Green Energy Kandla Private Limited (LTGEK) on April 4, 2025.
New Subsidiary Details
The newly formed LTGEK has been established with an authorized capital of Rs. 1,00,000, comprising 10,000 equity shares of Rs. 10.00 each. L&T Energy Green Tech Limited, along with its nominee shareholder, has fully subscribed to the entire share capital, maintaining 100% ownership of the new entity.
Strategic Focus on Green Hydrogen
LTGEK has been incorporated with a specific focus on the development of green hydrogen and its derivatives, including green ammonia. This move aligns with the global push towards cleaner and more sustainable energy solutions, positioning L&T at the forefront of the green energy transition in India.
Regulatory Compliance
In compliance with the Securities and Exchange Board of India (SEBI) regulations, L&T has duly informed the stock exchanges about this development. The company has emphasized that the share subscription was conducted at par value and on an arm's length basis, adhering to proper corporate governance practices.
Implications for L&T's Green Energy Portfolio
The incorporation of LTGEK represents a strategic expansion of L&T's green energy initiatives. By establishing a dedicated subsidiary for green hydrogen and related projects, L&T is positioning itself to capitalize on the growing demand for clean energy solutions and contribute to India's sustainable development goals.
Looking Ahead
While LTGEK is yet to commence its business operations, its formation signals L&T's commitment to diversifying its energy portfolio and embracing future-ready technologies. As the green hydrogen sector gains momentum globally, L&T's proactive approach could potentially open up new avenues for growth and innovation in the renewable energy space.
This development underscores L&T's vision to be a key player in India's evolving energy landscape, as the country strives to reduce its carbon footprint and transition towards more sustainable energy sources.
Historical Stock Returns for Larsen & Toubro
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+0.61% | +4.22% | +2.33% | -9.05% | -8.55% | +248.09% |