L&T Energy GreenTech to Set Up India's Largest Green Hydrogen Plant
L&T Energy GreenTech Ltd will set up India's largest green hydrogen plant at Indian Oil Corporation Ltd’s (IOCL) Panipat Refinery in Haryana, according to reports. The facility will function around the clock with renewable energy, aligning with IOCS's strategy to reduce carbon emissions in its refining processes and aid the nation's net-zero goals.
The green hydrogen facility will be established using a build-own-operate (BOO) model. It will provide 10,000 tonnes of green hydrogen each year to IOCL for 25 years, aiding the Government of India’s National Green Hydrogen Mission. The facility will generate green hydrogen through high-pressure alkaline electrolysers produced at L&T Electrolysers Ltd’s site in Hazira, Gujarat.
The initiative signifies an important achievement in India’s energy shift and strengthens L&T’s position in providing sustainable, expandable clean energy infrastructure.
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“The decision to set up India’s maiden green hydrogen plant validates our strategy to lead the nation’s energy transition. This long-term project not only deepens our partnership with IOCL but also reinforces our capability to deliver large-scale clean energy solutions. As a first mover in India’s green hydrogen space, we are proud to lay the foundation for cleaner industrial processes at scale," said Subramaniam Sarma, Deputy Managing Director & President, L&T.
"This project reflects our end-to-end green energy capabilities — from electrolyser manufacturing to execution and operation," Derek Shah, Head – Green Manufacturing & Development, L&T adds.
Green hydrogen refers to the hydrogen gas generated by dividing water through renewable energy sources. The project signifies IOC's entry into the green hydrogen sector, featuring India's largest green hydrogen initiative to date. The project is expected to be launched by December 2027, and the green hydrogen generated here will substitute fossil-based hydrogen in IOC's refining processes, lowering carbon emissions.
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Previously, IOC had voided two tenders due to minimal interest from the industry in advancing the project. The tender was initially announced in September 2024, and the deadline was extended twice to January 2025 due to requests from the participating companies.