L&T Energy GreenTech to build India’s largest green hydrogen plant at IOCL Panipat
L&T Energy GreenTech (LTEG), a subsidiary of Larsen & Toubro, has unveiled plans to build India’s largest green hydrogen plant at Indian Oil Corporation Ltd’s (IOCL) Panipat refinery in Haryana. Developed on a build-own-operate (BOO) model, the plant will supply 10,000 tonnes of green hydrogen annually to IOCL for the next 25 years. This long-term partnership is expected to significantly aid IOCL in decarbonising its refining operations while contributing to India’s ambitious net-zero targets.
Driving India’s green hydrogen mission
Designed for round-the-clock operation, the plant will use renewable energy sources to produce green hydrogen. The production process will rely on high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s state-of-the-art facility in Hazira, Gujarat. By utilizing locally produced electrolysers, the project supports the government’s Atma Nirbhar Bharat initiative and marks a major milestone under India’s National Green Hydrogen Mission. It underscores L&T’s commitment to developing self-reliant clean-tech solutions for long-term decarbonisation.
LTEG: Leading India’s green power transformation
LTEG is focused on delivering sustainable energy solutions, including green hydrogen, its derivatives, and advanced electrolysis manufacturing. The company’s operations are anchored around three core pillars: development, manufacturing, and Engineering, Procurement, and Construction (EPC). By leveraging cutting-edge technology, strategic partnerships, and research & development, LTEG is paving the way for integrated green energy ecosystems.
Derek Shah, Head – Green Manufacturing & Development at L&T, stated, “With our advanced technology and skilled workforce, we are confident in delivering a high-performance, zero-emission plant that sets new benchmarks for the industry.”
This milestone positions LTEG as a pioneer in India’s green hydrogen sector, setting a precedent for industrial-scale adoption of green hydrogen across hard-to-abate sectors such as refineries and fertiliser plants.
L&T wins IOCL’s first green hydrogen tender
On May 14, LTEG secured IOCL’s first green hydrogen tender through a competitive bidding process. This achievement marks a strategic breakthrough in public sector clean energy procurement and reinforces L&T’s leadership in India’s green hydrogen landscape.
Larsen & Toubro share price update
Despite this landmark achievement, Larsen & Toubro’s share price has seen a decline of 2.58% over the past month, reflecting broader market trends.
With the Panipat project, L&T continues to strengthen its role in driving India’s energy transition towards a cleaner, greener future.
