{"id":482458,"date":"2022-04-05T12:15:57","date_gmt":"2022-04-05T06:45:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=482458"},"modified":"2022-04-05T12:15:57","modified_gmt":"2022-04-05T06:45:57","slug":"ioc-lt-renew-power-form-joint-venture-to-develop-green-hydrogen-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ioc-lt-renew-power-form-joint-venture-to-develop-green-hydrogen-sector\/","title":{"rendered":"IOC, L&amp;T, ReNew power form joint venture to develop green hydrogen sector"},"content":{"rendered":"<p>NEW DELHI:  To enable decarbonization push, Indian Oil Corporation Ltd, Larsen &amp; Toubro (L&amp;T), ReNew Power announced signing of a binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen sector in India. Additionally, IndianOil and L&amp;T have signed a binding term sheet to form a JV with equity participation to manufacture and sell Electrolyzers used in the production of Green Hydrogen.<\/p>\n<p>\u201cThe IndianOil-L&amp;T-ReNew JV will focus on developing Green Hydrogen projects in a time-bound manner to supply Green Hydrogen at an industrial scale,\u201d said S N Subrahmanyan, CEO &amp; MD of L&amp;T.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: To enable decarbonization push, Indian Oil Corporation Ltd, Larsen &amp; Toubro (L&amp;T), ReNew Power announced signing of a binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen sector in India. Additionally, IndianOil and L&amp;T have signed a binding term sheet to form a JV with equity participation to manufacture and sell Electrolyzers used in the production of Green Hydrogen. \u201cThe IndianOil-L&amp;T-ReNew JV will focus on developing Green Hydrogen projects in a time-bound manner to supply Green Hydrogen at an industrial scale,\u201d said S N Subrahmanyan, CEO &amp; MD of [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-482458","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=482458"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/482458\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=482458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=482458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=482458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}