Larsen & Tubro conglomerate techniques on December 2 announced that it would jointly have it and operate hydrogen green projects with green energy producers supported by Goldman Sachs.
“In this agreement, L & T and the extension will jointly develop, own, implement and operate green hydrogen projects in India,” said a shared statement.
Commenting on this partnership, SN SubrahManyan, CEO & MD Larsen & Toubro said, “Partnership with this extension is an important milestone on the way to building a green energy portfolio for L & T.”
SubrahManyan said that hydrogen green is a promising alternative fuel and the lever is important to reach a cleaner future.
“L & T is very interested in adding value to this space outside the traditional EPC approach and hopes to work with an extension,” he added.
Chairperson & CEO Renew Sumant Sinha said that hydrogen green would be the main drivers of the transition to a cleaner energy source and the partnership would allow both companies to gather their knowledge, expertise, and resources to take the maximum advantage of this transition.
“I hope this partnership is to set new benchmarks in the Indian renewable energy room and hope to work with L & T,” Sinha added.
“L & T, with profound expertise and experience in the field of engineering and construction of the project, and updating, with his experience in the development of renewable energy projects, is a market leader in their respective sectors and this synergistic partnership is committed to knocking on this opportunity that emerged, “Shared statement.
