L&T, partners to invest $4 B in green hydrogen projects

Engineering major L&T and its green hydrogen joint venture partners-Indian Oil Corporation and ReNew-will invest upto $4 billion (₹32,000 crore) in their green hydrogen businesses over three-five years, CEO & Managing Director, S N Subrahmanyan said Wednesday.

L&T has a joint venture with state-run Indian Oil Corporation and renewable power company ReNew for its green hydrogen ventures.

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