L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro, will establish a green hydrogen plant at Indian Oil Corporation Ltd’s (IOCL) Panipat Refinery in Haryana. The plant is expected to supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years on a build-own-operate (BOO) basis.
The facility will operate using round-the-clock renewable energy and utilize high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. The project supports IOCL’s decarbonisation goals and is in line with the Government of India’s National Green Hydrogen Mission.
“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,” said Subramaniam Sarma, Deputy Managing Director & President at L&T.
“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,” added Derek Shah, Head of Green Manufacturing & Development at L&T.
L&T Energy GreenTech focuses on green hydrogen, its derivatives, and electrolyser manufacturing, offering integrated solutions through its development, manufacturing, and EPC divisions. It is part of Larsen & Toubro, an Indian multinational conglomerate with consolidated revenues of approximately USD 30 billion.