L&T’s Dual Energy Play

Fresh off announcing India’s largest green hydrogen facility, engineering giant Larsen & Toubro has secured a strategic ultra-mega offshore contract in the Middle East, showcasing its unique dual capability in traditional hydrocarbons and clean energy transition.

The company’s hydrocarbon division landed a major EPCI (engineering, procurement, construction, installation) contract involving new offshore structures and facility upgrades, continuing its three-decade legacy of executing complex oil and gas projects across water depths. “This award reinforces our global reputation for delivering technically challenging offshore projects with precision,” L&T stated, highlighting its in-house engineering expertise and specialized marine fleet.

Simultaneously, L&T Energy GreenTech is pioneering India’s energy future through its 10,000-tonne annual capacity green hydrogen plant at IOCL’s Panipat refinery. The fully renewable-powered facility will employ indigenously manufactured alkaline electrolyzers from L&T’s Hazira unit, supporting India’s green hydrogen mission while decarbonizing hard-to-abate sectors.

“This parallel execution of hydrocarbon and clean energy projects demonstrates our balanced energy transition approach,” said Subramanian Sarma, L&T’s deputy MD. The twin developments position L&T as both a global hydrocarbon infrastructure leader and domestic clean energy champion – a rare combination in today’s polarized energy landscape. The green hydrogen facility, operating on a 25-year BOO model, represents one of India’s first industrial-scale implementations of the National Green Hydrogen Mission, while the Middle East contract extends L&T’s dominance in conventional energy infrastructure amid growing global energy demand.