green energy profit expansion

While most corporations talk a big game about going green, Larsen & Toubro (L&T) is actually putting its money where its mouth is. The engineering giant isn’t just making empty promises—it’s launching dedicated subsidiaries, building massive facilities, and committing billions to transform India’s energy landscape. No greenwashing here, folks. Just cold, hard investment.

L&T’s green hydrogen push is no joke. The company is establishing India’s largest green hydrogen plant at IOCL’s Panipat Refinery, producing 10,000 tonnes annually on a build-own-operate basis for 25 years. Running 24/7 on renewable energy? Impressive. They’re not stopping there. A similar project at IOCL’s Gujarat Refinery is already underway. These aren’t pilot projects—they’re industrial-scale commitments.

L&T means business with green hydrogen—building massive plants that run 24/7 on renewables. These aren’t experiments. They’re industrial commitments.

Manufacturing muscle matters in this game. L&T has started producing high-pressure alkaline electrolysers at its Hazira facility. This isn’t just about buying technology from elsewhere—it’s about making it themselves. Smart move. When everyone else is scrambling to catch up with the National Green Hydrogen Mission, L&T is already ahead.

The company isn’t putting all its green eggs in one basket, either. Battery energy storage systems, pumped storage, and hybrid solar-wind combinations form the second prong of their strategy. Unlike weather-dependent renewables, their geothermal investments offer 95% availability factor regardless of external conditions. And yes, they’re throwing AI and machine learning into the mix for energy management. Because why not?

Grid integration completes their trifecta approach. L&T is connecting generation, storage, transmission, and distribution ecosystems. Pilot projects for grid stability aren’t sexy, but they’re essential. Their initiatives actively support India’s clean energy goals and contribute to the nation’s energy security priorities.

Behind all this is a $2.5 billion commitment over 3-5 years. That’s real money, not chump change. Their sustainability targets? Water neutrality by 2035 and carbon neutrality by 2040. The company is also urging the government to implement a systematic policy framework to ensure India becomes a competitive green hydrogen hub globally.

L&T isn’t just riding the green wave—it’s creating it. And making a profit while saving the planet? Now that’s engineering excellence.

References

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