Representational image. Credit: Canva

L&T Energy GreenTech Ltd (LTEG), a wholly-owned subsidiary of Larsen & Toubro, has entered into a Joint Development Agreement with Japan’s ITOCHU Corporation to develop and commercialise a 300 KTPA green ammonia project in Kandla, Gujarat. Under this agreement, the two companies will collaborate on setting up the green ammonia facility, with ITOCHU planning to offtake the production for use as marine fuel in Singapore.
The partnership represents an important step toward advancing clean energy solutions in the maritime industry and aligns with both companies’ long-term commitments to sustainability and reducing carbon emissions. In 2024, L&T had acquired a large land parcel in Kandla to support the development of green hydrogen and green ammonia projects. This latest collaboration strengthens LTEG’s strategy to build a presence across the green energy value chain and supports ITOCHU’s efforts to promote low-carbon ammonia as a zero-emission marine fuel.

Mr Subramanian Sarma, Deputy Managing Director & President, L&T, said, “As the global energy landscape shifts decisively towards sustainability, L&T remains deeply committed to driving the clean energy transition through innovation, strategic partnerships, and engineering excellence. The partnership with ITOCHU reflects L&T’s larger vision of enabling a cleaner, greener future through sustainable business focus”.

Mr Hiroyuki Tsubai, Executive Vice President, Member of the Board, President, Machinery Company of ITOCHU Corporation, mentioned, “Through this joint development with one of the largest and most respected companies in India’s private sector, L&T Group, our initiatives to introduce low-carbon ammonia to the maritime sector as an alternative zero-emission fuel will be reinforced. With this collaboration, Kandla, located on the west coast of India, will become the principal production centre of green ammonia for ITOCHU’s bunkering operations in Singapore”.

India’s combination of abundant renewable resources and competitive electricity costs makes it well-placed to become a global leader in green hydrogen and its derivatives. The National Green Hydrogen Mission targets at least 5 million tonnes of annual production capacity by 2030, with expected investments exceeding USD 100 billion. This initiative is anticipated to drive industrial innovation, generate employment in the green energy sector, and contribute to the country’s long-term energy security.