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2022-08-21

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Indian Economy
www.thehindu.com

Engineering and construction firm Larsen & Toubro, which commissioned its first green hydrogen plant at its complex here in Gujarat, is in talks with a dozen companies for setting up similar units, a company official said on Saturday.

As part of its environmental, social, and governance (ESG) commitments, L&T is planning to achieve water neutrality by 2035 and carbon neutrality by 2040, making green hydrogen an integral part of its clean fuel adoption policy.

In order to supply green hydrogen, the company is in talks with major refineries both in the government and private sectors. The firm is also in touch with a dozen companies, operating in the steel and cement space, and refineries for setting up similar hydrogen plants, a senior company official said.

“We decided to set up this green hydrogen plant... and use that hydrogen as blended source of energy for our industrial facility here in Hazira,” the company’s whole-time director and senior EVP (Energy) Subramanian Sarma said.


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