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L&T Launches Green Energy Subsidiary to Tap Hydrogen, Ammonia Market

Synopsis:

L&T has incorporated a new unit, L&T Green Energy Kandla Private Limited, under its clean energy arm to focus on green hydrogen and ammonia. Capital: ₹1 lakh.


Larsen & Toubro (L&T), one of India’s largest engineering and infrastructure firms, has incorporated a new step-down subsidiary to strengthen its renewable energy footprint. Named L&T Green Energy Kandla Private Limited (LTGEK), the entity will concentrate on developing green hydrogen and its derivatives, including green ammonia, amid rising global demand for cleaner fuel alternatives. The company has allotted an authorised and subscribed capital of ₹1 lakh, comprising 10,000 equity shares of ₹10 each.

Also read: ITC Raises Stake In Ample Foods To 43.75% With ₹131 Crore Investment

LARSEN & TOUBRO LTD.

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3322.3-5.00 (-0.15 %)

Updated - 29 April 2025
3376.40day high
DAY HIGH
3315.00day low
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997298
VOLUME (BSE)

Key Takeaways:

  1. L&T sets up LTGEK under L&T Energy Green Tech Limited to target hydrogen and ammonia.

  2. The new subsidiary has a capital base of ₹1 lakh and is yet to begin operations.

  3. LTGEK’s formation did not require external regulatory approval.

  4. Move aligns with L&T’s clean energy strategy and global decarbonisation trends.

  5. L&T share price closed at ₹3,259.20 on BSE, down 4.67% ahead of the news.

Also read: Delhivery Acquires Ecom Express in ₹1,407 Crore All-Cash Deal

Clean Energy Push And Strategic Importance

L&T’s move into green hydrogen comes at a time when governments and industries worldwide are accelerating decarbonisation strategies. By establishing LTGEK in Gujarat’s Kandla region—an emerging hub for renewable projects—L&T is positioning itself for large-scale production and export potential. The subsidiary will eventually support initiatives like hydrogen fuel generation, storage, and export infrastructure, enabling L&T to tap new revenue streams in the clean-tech domain.

L&T Green Energy Kandla Private Limited – Snapshot

Parameters

Details

Company Name

L&T Green Energy Kandla Pvt Ltd

Parent Entity

L&T Energy Green Tech Ltd

Authorised Capital

₹1 lakh

Shareholding

100% L&T

Operational Status

Yet to commence

Focus Areas

Green hydrogen, green ammonia

Market Outlook And Investor Sentiment

The formation of LTGEK reinforces L&T’s long-term sustainability goals and provides a platform for clean energy project execution. However, the L&T share price declined by 4.67% to ₹3,259.20 on the BSE just before the official announcement, possibly due to short-term market concerns. As the hydrogen economy gains traction, investors are expected to track LTGEK’s progress closely, with the L&T share price likely to reflect developments in this high-potential sector.

Also read: Jaguar Land Rover Halts US Shipments Amid Trump Tariffs Impact

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This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

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