L&T Energy GreenTech partners with ITOCHU to develop 300 KTPA green ammonia project in Gujarat
Under the Joint Development Agreement (JDA), LTEG and ITOCHU will collaborate on building the green ammonia plant, with ITOCHU planning to offtake the ammonia for bunkering applications in Singapore. This initiative aligns with both companies' commitment to decarbonization and low-carbon marine fuels.
Last year, L&T acquired a large land parcel at Kandla to strengthen its footprint in green hydrogen and green ammonia projects. The new collaboration further supports LTEG's vision to create a comprehensive presence across the green energy value chain while complementing ITOCHU's efforts to promote zero-emission ammonia-based fuels.
India's vast renewable resources and competitive electricity costs make it an ideal hub for green hydrogen production. The country's National Green Hydrogen Mission aims to achieve a production capacity of at least 5 MMTPA by 2030, attracting investments exceeding USD 100 billion. This initiative is poised to drive industrial innovation, generate green jobs, and enhance India's energy security.
With the LTEG-ITOCHU partnership, India takes another step toward becoming a global leader in green hydrogen and sustainable maritime fuel solutions, contributing to a cleaner, low-carbon future.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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