L&T

iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions

Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers.  iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […]

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L&T Commissions Green Hydrogen Plant in Hazira, Gujarat

An Indian multinational conglomerate company, Larsen & Toubro (L&T) Hi-Tech Manufacturing, and Services announced today the completion of a Green Hydrogen Plant at its AM Naik Heavy Engineering Complex in Hazira, Gujarat. Mr. Shrikant Madhav Vaidya, Chairman of Indian Oil Corporation Limited, dedicated the plant. Green Hydrogen production has begun today using an alkaline electrolysis […]

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L&T Looks to Invest Upto $2.5 Billion In Green Energy

Engineering conglomerate Larsen & Toubro (L&T) is mulling to invest upto $2.5 billion in the coming three to four years and work throughout the value chain of green energy to create green assets. This may be aimed at realising water neutrality by 2035 and carbon neutrality by 2040. The L&T officials have revealed the fact […]

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Indian Oil, L&T, ReNew Power in JV For Green Hydrogen

In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […]

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L&T to Develop 280 MW Worth Solar Projects in Rajasthan and Gujarat

Engineering conglomerate Larsen & Toubro (L&T) has announced that the company has got an order to develop a 245MW solar power project in Rajasthan. It has also received another order to build 35 MW (AC) photovoltaic capacity with 57MWh battery energy storage system in Gujarat. The project will be based in the Kutch district. Larsen & […]

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Azure Power refinances its 600 MW solar project

Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […]

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Green Hydrogen Powered India: From Vision to Reality

Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India  The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […]

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L&T Begins Construction at 300 MW Jeddah Solar Plant in Saudi Arabia

L&T has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi Arabia. Larsen & Toubro (L&T) has announced that the renewable arm of its power transmission and distribution business has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi […]

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L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia

L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […]

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