L&T Creates a New Unit for Green Hydrogen and Ammonia Sector

Larsen & Toubro Limited, a leading Indian conglomerate in engineering and construction, has taken a significant step towards expanding its green energy footprint. On 4 April 2025, the company announced the incorporation of L&T Green Energy Kandla Private Limited (LTGEK), a wholly owned step-down subsidiary under L&T Energy Green Tech Limited. This development aligns with L&T’s focus on renewable energy, particularly green hydrogen.

Formation and Structure of LTGEK

LTGEK has been established with an authorised capital of ₹1,00,000, comprising 10,000 equity shares of ₹10 each. The entire capital is subscribed in cash by L&T Energy Green Tech Limited and its nominee shareholder. While the company is yet to commence operations, it falls under the related party framework, though at arm’s length with no direct promoter group involvement. The acquisition required no external regulatory approvals, making the incorporation swift and compliant.

Strategic Focus on Green Hydrogen

The primary objective of LTGEK is to develop projects related to green hydrogen and its derivatives such as green ammonia. The company has been incorporated solely for this purpose and will engage in other related activities in the renewable sector. With India increasingly shifting towards clean energy, L&T’s move places it in a strong position to contribute to and benefit from this transition. Though LTGEK currently has no operational or financial history, it represents a forward-looking investment in sustainable infrastructure.

L&T Share Performance 

As of April 07, 2025, at 11:10 AM, L&T share price is trading at ₹3,055.00 per share, reflecting a loss of 6.29% from the previous day’s closing price. Over the past month, the stock has registered a decline of 5.85%.

Conclusion

By setting up LTGEK, L&T reaffirms its commitment to building a sustainable future. The strategic push into green hydrogen through this subsidiary strengthens its role in India’s clean energy mission and sets the stage for future-ready energy solutions.

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