Larsen & Toubro (L&T), a leading Indian multinational, has announced a strategic partnership with Bharat Electronics Limited (BEL) to support the Indian Air Force's Advanced Medium Combat Aircraft (AMCA) programme. This collaboration marks a significant step towards enhancing India's defence capabilities and promoting self-reliance in the aerospace sector.

Strategic Partnership Details

The consortium formed by L&T and BEL plans to respond to the Expression of Interest notice issued by the Government of India's Aeronautical Development Agency in the coming weeks. This partnership aims to combine L&T's expertise in developing strategic defence and aerospace platforms with BEL's experience in defence electronics and systems.

Leveraging Past Successes

Both companies have previously contributed to India's indigenous Light Combat Aircraft programme. L&T supplied major aero-structure modules, while BEL developed mission-critical avionics and electronic systems. This new collaboration builds on their proven track record in the defence sector.

Leadership Perspectives

S N Subrahmanyan, Chairman & Managing Director of L&T, expressed enthusiasm about the partnership, stating, "The collaboration with BEL marks a significant leap in our commitment to the modernisation of India's defence capabilities. We are honoured to be working with BEL to deliver next-generation technologies for the Indian Air Force."

Manoj Jain, Chairman & Managing Director of Bharat Electronics Limited, emphasized the importance of the AMCA project, saying, "The AMCA project represents India's growing capabilities in defence technology. Our collaboration with L&T is a crucial step in realising this vision."

Advancing 'Atmanirbhar Bharat'

This strategic partnership aligns with the Indian government's vision of 'Atmanirbhar Bharat' (Self-Reliant India). By combining the strengths of two leading defence technology providers, the collaboration aims to deliver cutting-edge, high-quality solutions for India's 5th-generation fighter aircraft.

Company Profiles

Larsen & Toubro is a USD 30.00 billion Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing, and Services across multiple geographies. The company has maintained leadership in its major lines of business for eight decades, focusing on customer satisfaction and top-class quality.

Bharat Electronics Limited, a Navratna PSU under the Ministry of Defence, is a leader in India's defence and strategic electronics sector. With annual sales of USD 2.74 billion (INR 23,024.00 Cr), BEL boasts a diverse portfolio of over 600 products and systems in various defence and civilian sectors.

This collaboration between L&T and BEL represents a significant milestone in India's journey towards self-reliance in defence technology and showcases the country's growing capabilities in advanced aerospace systems.

Larsen & Toubro (L&T), a leading Indian multinational conglomerate, has taken a significant step towards advancing renewable energy and green hydrogen production in Saudi Arabia. The company's Renewables (RENU) vertical has entered into a Memorandum of Understanding (MOU) with ACWA Power for the development of renewable energy infrastructure and grid systems at the Yanbu Green Hydrogen Hub.

Project Overview

The Yanbu Green Hydrogen Hub is conceived as a fully integrated facility, designed to produce green ammonia using captive renewable electricity generation. The project's scope encompasses multiple renewable energy facilities, including:

• Solar PV plants
• Wind farms
• Battery Energy Storage Systems
• Associated substations and transmission lines

Collaborative Framework

The MOU establishes a collaborative framework between L&T and ACWA Power to:

1. Design and optimize the configuration of the renewables and grid scope
2. Achieve performance targets for the project
3. Potentially enter into an EPC (Engineering, Procurement, and Construction) contract once the final proposal is accepted

Strategic Importance

This partnership aligns with Saudi Arabia's vision to become a leader in clean energy and industrial decarbonization. The project is expected to play a crucial role in:

• Supporting the Kingdom's leadership in global energy transition
• Developing and exporting green ammonia
• Assisting international markets in their decarbonization efforts

Executive Insights

Marco Arcelli, Chief Executive Officer at ACWA Power, emphasized the project's significance: "The rapid pace of development on the Yanbu Green Hydrogen Project is a clear demonstration of our commitment to supporting the Kingdom's leadership role in the global energy transition."

T Madhava Das, Member of the Board and Senior Executive Vice President (Utilities) at Larsen & Toubro, highlighted the strategic importance of the partnership: "Saudi Arabia is a key leader in supply of clean energy and industrial decarbonization. We are happy to contribute to its ambitions of promoting regional and international integration of clean energy, especially along the India – Middle East – Europe economic corridor."

L&T's Role and Expertise

L&T brings to the table its proven EPC capabilities, ensuring:

• Optimal integration of diverse renewable technologies
• Robust project delivery
• Enhanced safety, quality, and sustainability standards
• Improved performance benchmarks

This collaboration marks a significant milestone in L&T's journey of trusted partnership in the renewable energy sector and reinforces its commitment to sustainable development on a global scale.

As the project progresses, it is expected to contribute significantly to the advancement of green energy solutions and support international efforts in achieving decarbonization goals.