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L&T Energy GreenTech (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), has entered into a Joint Development Agreement with ITOCHU Corporation of Japan to develop and commercialise a 300 KTPA green ammonia project at Kandla in Gujarat.
Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product for bunkering applications in Singapore. The partnership marks a significant step in advancing clean energy solutions for the maritime sector and aligns with both L&T and ITOCHU's commitment to sustainability and decarbonisation.
L&T had last year acquired a sizeable land parcel at Kandla for the development of green hydrogen and green ammonia projects. The latest collaboration supports LTEG's strategic vision to establish a presence across the green energy value chain and complements ITOCHU's initiatives to introduce low-carbon ammonia as a zero-emission marine fuel.
The order will be executed by L&T Energy – CarbonLite Solutions (LTECLS), the company’s specialized business vertical for advanced power and low-carbon technologies.
The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of boiler-turbine-generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems.
Subramanian Sarma, Deputy Managing Director & President, L&T, added: “In today’s dynamic energy landscape, where India’s demand for reliable and affordable power continues to grow, this order from the Adani Group reinforces our role as a leading partner in building the country’s critical energy infrastructure”.
As per L&T’s classification, the value of the 'ultra-mega’ contract is greater than Rs 15,000 crore.
Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services.
The company reported 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25.
Larsen & Toubro (L&T) has secured an ultra-mega contract from Adani Power to set up eight state-of-the-art thermal power units, each with a capacity of 800 MW, totaling 6,400 MW of new generation capacity. The order will be executed by L&T Energy – CarbonLite Solutions (LTECLS), the company's specialized business vertical for advanced power and low-carbon technologies. According to the company's project classification, the value of the order is above Rs 15,000 crore.
The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems.