Larsen & Toubro) and ReNew Power on Thursday signed an agreement to tap $2 billion green hydrogen business opportunities in two years in India and the neighbouring countries. SN Subrahmanyan, CEO & MD, and Subramanian Sarma, Wholetime Director & Senior Executive Vice President (Energy), L&T, in conversation with ET NOW.
What I would love to understand from you is does L&T or the rest of the industry who are getting into the green hydrogen business, need incentives from the government? Is this a business that has the ROI that will justify the investments?
Subramanian Sarma: It is a very interesting question because it is kind of a chicken and egg story here.
