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L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), will set up India's largest green hydrogen plant at Indian Oil Corporation Ltd's (IOCL) Panipat Refinery in Haryana. The company announced this development on Monday, marking a significant milestone in India's energy transition.
Project Structure and Operations
The green hydrogen plant will be developed on a build-own-operate (BOO) basis and will supply 10,000 tonnes of green hydrogen annually to IOCL for 25 years. The facility will operate round the clock using renewable energy, supporting IOCL's strategy to decarbonise its refining operations and contribute to India's net-zero ambitions. The plant will produce green hydrogen using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd's facility in Hazira, Gujarat. This project supports the Government of India's National Green Hydrogen Mission and aligns with the country's broader decarbonisation goals.
Strategic Significance and Market Position
With this development, LTEG becomes a pioneer in India's green hydrogen ecosystem, setting a precedent for industrial-scale adoption across refineries, fertiliser plants, and other hard-to-abate sectors. The initiative reinforces L&T's leadership in delivering sustainable, scalable clean energy infrastructure. Subramaniam Sarma, Deputy Managing Director & President of L&T, stated: "The decision to set up India's maiden green hydrogen plant validates our strategy to lead the nation's energy transition. This long-term project not only deepens our partnership with IOCL but also reinforces our capability to deliver large-scale clean energy solutions. As a first mover in India's green hydrogen space, we are proud to lay the foundation for cleaner industrial processes at scale."
Technology and Manufacturing Capabilities
Derek Shah, Head Green Manufacturing & Development at L&T, emphasized the company's comprehensive approach: "This project reflects our end-to-end green energy capabilities from electrolyser manufacturing to execution and operation. With cutting-edge technology and a skilled team, we are confident of delivering a high-performance, zero-emission plant that sets new industry benchmarks. The initiative also supports India's Aatmanirbhar Bharat mission by deploying indigenously manufactured electrolysers central to self-reliant clean-tech solutions and long-term decarbonisation goals."
The project utilizes electrolysers from L&T Electrolysers Ltd's state-of-the-art facility in Hazira, Gujarat, demonstrating the company's integrated manufacturing and deployment capabilities across the green energy value chain.
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