L&T Energy Green Tech and Itochu to join forces for the creation of a green ammonia production plant in India.

India and Japan Collaborate on Green Hydrogen Project

India is poised to take a leading role in the global green hydrogen market, thanks to its abundant renewable resources. This ambition has received a significant boost with the announcement of a joint development agreement between L&T Energy GreenTech (LTEG) and Itochu Corporation.

The focus of this collaboration is the "300 ktpa green ammonia project" at Kandla in Gujarat. This project, developed under the agreement, is not explicitly stated to be a wholly owned subsidiary of Larsen & Toubro (L&T), but it is part of L&T's efforts to advance clean energy solutions.

L&T acquired a sizeable land parcel at Kandla last year for developing green hydrogen and green ammonia projects. The exact name of the project is the "300 ktpa green ammonia project at Kandla in Gujarat," which is being developed in collaboration with Japan's Itochu Corporation.

The partnership aims to advance clean energy solutions for the maritime sector. Hiroyuki Tsubai, Executive Vice President of Itochu Corporation, has stated that Kandla in India will be the principal production center for green ammonia for Itochu's bunkering operations in Singapore. Itochu Corporation will offtake the product for bunkering applications in Singapore.

Subramanian Sarma, Deputy Managing Director & President of L&T, has reiterated the company's commitment to driving the clean energy transition. He expressed his excitement about the partnership, stating that it aligns with both LTEG and Itochu's commitments to sustainability and decarbonisation.

The National Green Hydrogen Mission of India seeks to attract investments exceeding $100bn and aims to achieve a production capacity of at least 5 million metric tonnes per year by 2030. This project at Kandla is intended for use in bunkering applications, contributing to India's clean energy goals.

The green ammonia project at Kandla is not explicitly stated to be part of L&T's efforts to advance clean energy solutions in this paragraph. However, its development underscores L&T's commitment to the clean energy transition and its potential to become a global leader in green hydrogen and its derivatives.