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L&T to set up India's largest green hydrogen plant at IOCL Panipat

L&T to set up India's largest green hydrogen plant at IOCL Panipat

L&T Energy GreenTech (LTEG), a wholly owned subsidiary of Larsen & Toubro (L&T), will set up India's largest green hydrogen plant at Indian Oil Corporation's (IOCL's) Panipat refinery in Haryana, according to a company filing on Monday.
The 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 project aligns with the Centre's National Green Hydrogen Mission and aims to significantly reduce carbon emissions from IOCL's refining operations.
Powered by renewables and indigenously built tech
Subramaniam Sarma, deputy managing director and president of L&T, said the development validates the group's strategy to lead India'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,' he said.
Derek Shah, Head of Green Manufacturing & Development at L&T, said the project showcases the company's end-to-end green energy capabilities. He added that L&T aims to deliver a high-efficiency, zero-emission plant that advances the Aatmanirbhar Bharat mission by deploying indigenously manufactured electrolysers.
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L&T exit aside, Bengaluru's suburban rail dream faces another big hurdle—shinier big-ticket projects
L&T exit aside, Bengaluru's suburban rail dream faces another big hurdle—shinier big-ticket projects

The Print

time3 hours ago

  • The Print

L&T exit aside, Bengaluru's suburban rail dream faces another big hurdle—shinier big-ticket projects

L&T approached the court, claiming that only 2.1 km of the workfront, or 8.28 percent of the total length under the project it was contracted to execute, was made available to it. It added that the representations by K-RIDE, government body responsible for executing the project, were 'false, made with sole intention of inducing and deceiving' the company. The Mumbai-based infrastructure major exited the project last week, citing delays in being handed over land for the big-ticket project. L&T terminated its contract to build one of the stretches, and demanded Rs 505 crore. Bengaluru: The acrimonious exit of Larsen & Toubro from Bengaluru's suburban rail project has threatened to delay one of the city's most ambitious mass mobility programmes, yet again. The move has now sparked a blame game between the company and K-RIDE. According to a person aware of the developments, L&T's claim that it did not get the land is not completely accurate. 'There are multiple factors, including if un-encroached land was handed to L&T by the railways, and why the pace of private land acquisition has been so slow,' the person told ThePrint, requesting anonymity. K-RIDE, or Rail Infrastructure Development Company (Karnataka), is a joint venture of the state government and Ministry of Railways, and is tasked with creating and developing 148.17 km of rail route under the Rs 15,767 crore suburban rail project, aimed at decongesting Bengaluru in the long run. The lack of sustainable public transportation has forced Bengaluru's nearly 14 million residents to rely more on private transport, congesting the city further. On last count, Bengaluru had a total of over 1.23 crore vehicles plying its roads, with 7.22 lakh new vehicles added in 2024-25. Coupled with inadequate and crumbling infrastructure, the city has become synonymous with congestion, as well as a template for 'urban ruin'. But the execution challenges aren't the only factor impeding the progress of the rail project. Policy makers in Bengaluru have kept their energies and resources more focused on big-ticket projects, like the metro and the proposed tunnel road, while others like suburban rail, and even bus fleets, remain stagnant. Prime Minister Narendra Modi will be in the city to inaugurate the Yellow line of the Metro on 10 August. But the Bengaluru Suburban Railway Project (BSRP) that he announced with much pomp in June 2022—with a deadline of just 40 months—has failed to take off. Also Read: High-level policy change causes ripples in Railways, pushback from business houses & within 'Metro given precedence' As soon as the rail project was announced, several legislators and parliamentarians had rushed to claim credit. Things moved swiftly, at least in terms of its marketing. The project was named 'Samparka', a combination of the first letters of the names of its four stretches, each named after a flower—Sampige (41.4 km), Mallige (25.01 km), Parijaata (35.52 km) and Kanaka (46.24 km). However, the focus has since pivoted to the metro project. According to a person directly involved in BSRP, the railways-based transportation project is being overlooked for the metro. 'It's like the younger brother is being born before the older brother,' the person remarked, saying how the metro has taken precedence over a cheaper, more sustainable option. The person also emphasised how other cities, like Mumbai, have focused on the more sustainable option of suburban railways. Rajkumar Dugar, founder of Citizens For Citizens (C4C), told ThePrint, 'The maximum interest being shown by the state government today in any infrastructure project, trying to literally bulldoze its way, is the tunnel road. The second interest is for the metro. Nobody shows interest in suburban rail. The clue is that on paper, the tunnel road costs Rs 1,100 crore per km, the metro about Rs 500 crore on average, and the suburban rail is Rs 100 crore per km.' The BSRP was sanctioned back in October 2020, with a deadline of three years for the completion of the route from Majestic (Bengaluru's main bus & train terminal) to the international airport, and further to Devanahalli. At the time, Bengaluru Metro Rail Corporation had written to the Karnataka government, asking that K-RIDE focus on other stretches as the metro line must be prioritised. The Department of Urban Land Transport (DULT), in its response to the state government, had said that BSRP should get priority. 'There is a sanction letter from the Union government and DULT. Both say that BSRP corridor-1 should be prioritised. BMRCL had its way, but not a single brick has been laid on that corridor yet after five years. Things are happening completely against the interests of the city,' Dugar said. Even though all Bengaluru-related projects come under the district in-charge minister, the BSRP has not attracted the attention of its peer projects, like Metro or the tunnel road. The main reason is that the BSRP is being overseen by the infrastructure development ministry of Karnataka, and not under the city in-charge minister, The deputy chief minister has been pushing for vanity projects, like the tunnel road, sky deck, and other big-ticket projects, while BSRP is under M.B. Patil, the industries and infrastructure minister. Blame game The South Western Railways (SWR) told ThePrint that all four corridors of the suburban rail project require 326.81 acres of land. An SWR spokesperson said that on many stretches of land that have been handed over, the encroachments have been identified, and almost all of them cleared. The spokesperson dismissed allegations that the authority handed over land with encroachments to L&T. The authority told ThePrint that for Corridor-2, K-RIDE demanded 85.707 acre-land, which was handed over in December 2022. 'Out of 25.01 km, 22.482 km (almost 90 percent) of the land is completely free of encroachments. In balance 2.58 km length, 344 encroachments are identified, of which 78 are removed, and others are also in the process of removal. BSRP work is in progress in this stretch,' the SWR spokesperson said. In another stretch, K-RIDE demanded 115.472 acres, which was handed over in April 2024. 'In 46.24 km stretch, only 20 encroachments are identified. Eviction proceedings are already in an advanced stage,' the spokesperson added. The land requirement has not yet been finalised for the other two stretches, SWR further said. L&T had entered into two agreements with K-RIDE, which were scheduled to be completed in 27 months, according to the agency responsible for implementing the suburban rail network. These included extensions and other agreements. L&T was contracted to execute about 84 percent of the total corridor length, but K-RIDE said in a statement Saturday that their work was not commensurate so far, which it said 'exposes L&T's failures' in carrying out the work. 'The progress of work as compared to work front availability was not satisfactory due to L&T's failure in mobilisation of adequate resources, and delay in finalisation of designs,' K-RIDE's statement read. It added that multiple letters and reminders had been issued highlighting the company's 'failures' on various fronts, with the direction to remedy them to complete the work at the earliest. The agency also said that the termination of the contract was 'illegal'. ThePrint attempted to reach L&T via email for a comment, but no response was received. (Edited by Mannat Chugh) Also Read: Trash piles up across Chennai areas as sanitation workers protest privatisation move

Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat
Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat

Economic Times

time3 hours ago

  • Economic Times

Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat

Synopsis Prime Minister Modi inaugurated Kartavya Bhavan, urging citizens to contribute to 'Make in India' and 'Atmanirbhar Bharat' to propel India to become the world's third-largest economy. The new complex will house key ministries, while North and South Blocks will be converted into museums. Agencies New Delhi: Prime Minister Narendra Modi on Wednesday urged Indians to contribute to the success of the "Make in India" and Atmanirbhar Bharat initiatives, as the country strives to become the third-largest economy in the world. Speaking at the inauguration of Kartavya Bhavan-the new premises for key ministries such as Home and External Affairs-Modi said that the modern complex would be a hub for shaping the future through the policies and decisions of the Amrit Kaal era."Together, let us make India the world's third-largest economy and script the success story of Make in India and Aatmanirbhar Bharat," the Prime Minister said. In recent speeches, Modi has highlighted the importance of promoting domestically manufactured products to boost the economy and generate employment. Kartavya Bhavan, inaugurated by the Prime Minister, will now house crucial ministries, including Home, External Affairs, Rural Development, Petroleum, and Micro, Small and Medium Enterprises. The iconic North and South Blocks, he added, will be repurposed as museums to celebrate India's administrative Prime Minister also mentioned major infrastructure milestones achieved over the past decade, including the new Parliament building, the National War Memorial, and Bharat Mandapam."These are not just buildings. During Amrit Kaal, the policies of a developed Bharat will be framed here, historic decisions made, and the nation's future direction charted," Modi said. Kartavya Bhavan, he stressed, symbolises the nation's resolve to achieve its aspirations. He noted that the state-of-the-art complex is designed to improve governance by co-locating multiple ministries and departments under one Prime Minister also emphasized that his government is focussed not only on buildings modern offices but also delivering affordable housing to millions."In the past 11 years, India has built a governance model that is transparent, responsive and citizen centric. India is being reshaped by a holistic vision, where progress reaches every region. No part of the country has been left untouched by the current of development," Modi detailed several measures taken curb corruption and improve the delivery of government schemes."If a new Parliament has been built, so have over 30,000 Panchayat Bhavans. Along with Kartavya Bhavan, over four crore pucca homes have been built for the poor. While the National War Memorial was erected, more than 300 medical colleges came up. Bharat Mandapam was built in Delhi, and so were more than 1,300 Amrit Bharat Railway stations," Modi said."Kartavya," Modi underlined, reflects the duties of citizens, reminding them that rights must be balanced with responsibilities toward transparency, Modi said his government has eliminated 10 crore fake beneficiaries from welfare schemes, resulting in a saving of Rs 4,30,000 crore. The beneficiaries are happy that the resources of the country have been saved, he also noted that more than 1,500 outdated laws from the colonial era have been scrapped, along with 4,000-plus obsolete compliance requirements. Kartavya Bhavan is the first of ten planned buildings that will eventually accommodate key Union ministries and departments.

Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat
Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat

Time of India

time3 hours ago

  • Time of India

Modi seeks widespread efforts to push make in India, Atmanirbhar Bharat

New Delhi: Prime Minister Narendra Modi on Wednesday urged Indians to contribute to the success of the " Make in India " and Atmanirbhar Bharat initiatives, as the country strives to become the third-largest economy in the world. Speaking at the inauguration of Kartavya Bhavan-the new premises for key ministries such as Home and External Affairs-Modi said that the modern complex would be a hub for shaping the future through the policies and decisions of the Amrit Kaal era. "Together, let us make India the world's third-largest economy and script the success story of Make in India and Aatmanirbhar Bharat," the Prime Minister said. In recent speeches, Modi has highlighted the importance of promoting domestically manufactured products to boost the economy and generate employment. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Kartavya Bhavan , inaugurated by the Prime Minister, will now house crucial ministries, including Home, External Affairs, Rural Development, Petroleum, and Micro, Small and Medium Enterprises. The iconic North and South Blocks, he added, will be repurposed as museums to celebrate India's administrative legacy. The Prime Minister also mentioned major infrastructure milestones achieved over the past decade, including the new Parliament building, the National War Memorial, and Bharat Mandapam. "These are not just buildings. During Amrit Kaal, the policies of a developed Bharat will be framed here, historic decisions made, and the nation's future direction charted," Modi said. Live Events Kartavya Bhavan, he stressed, symbolises the nation's resolve to achieve its aspirations. He noted that the state-of-the-art complex is designed to improve governance by co-locating multiple ministries and departments under one roof. The Prime Minister also emphasized that his government is focussed not only on buildings modern offices but also delivering affordable housing to millions. "In the past 11 years, India has built a governance model that is transparent, responsive and citizen centric. India is being reshaped by a holistic vision, where progress reaches every region. No part of the country has been left untouched by the current of development," Modi said. He detailed several measures taken curb corruption and improve the delivery of government schemes. "If a new Parliament has been built, so have over 30,000 Panchayat Bhavans. Along with Kartavya Bhavan, over four crore pucca homes have been built for the poor. While the National War Memorial was erected, more than 300 medical colleges came up. Bharat Mandapam was built in Delhi, and so were more than 1,300 Amrit Bharat Railway stations," Modi said. "Kartavya," Modi underlined, reflects the duties of citizens, reminding them that rights must be balanced with responsibilities toward nation-building. On transparency, Modi said his government has eliminated 10 crore fake beneficiaries from welfare schemes, resulting in a saving of Rs 4,30,000 crore. The beneficiaries are happy that the resources of the country have been saved, he added. He also noted that more than 1,500 outdated laws from the colonial era have been scrapped, along with 4,000-plus obsolete compliance requirements. Kartavya Bhavan is the first of ten planned buildings that will eventually accommodate key Union ministries and departments.

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