L&T sets up new subsidiary for green hydrogen business
Author: PPD Team Date: April 7, 2025
Author: PPD Team Date: April 7, 2025
Larsen & Toubro (L&T) has incorporated L&T Green Energy Kandla Private Limited through its wholly-owned unit, L&T Energy Green Tech Limited. The company was officially registered on April 4, 2025.
The new entity will focus on the development of green hydrogen and its derivatives, including green ammonia. It will also undertake related business activities as part of L&T’s strategy to scale up its presence in the green hydrogen sector.
Earlier this week, the company’s Heavy Engineering arm completed delivery of four steam generators for the Kaiga Atomic Power Station in Karnataka. These are part of the 10×700 MWe Pressurised Heavy Water Reactor Programme. The delivery was completed ahead of schedule, setting new benchmarks in execution timelines.
Additionally, on April 1, L&T secured two power transmission contracts—one for a 765 kV gas insulated substation and another for a transmission line project in Western India.
Author: PPD Team Date: January 10, 2025 Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to key customers including MGM Resorts International, Overton Power District, Caesars Entertainment, and Wynn Las Vegas. The financing includes tax equity commitments from Morgan Stanley Renewables, along with a tax…
Author: PPD Team Date: January 21, 2025 NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, commenced commercial operations of 25 MW capacity under the 200 MW Gujarat Solar PV Project-Phase XI in Sadla on January 17, 2025. NTPC won the 200 MW capacity bid for GUVNL’s Phase-XI project in December 2020 at a tariff of Rs 1.99 per kWh. The project, part of GUVNL-I, involves the development of 200 MW grid-connected solar photovoltaic…
Author: PPD Team Date: April 2, 2026 Solarworld Energy Solutions Limited has received a letter of award from NTPC Renewable Energy Limited for the balance of system package for Block-IX, a 200 MWac block under NTPC’s 1,000 MW grid-connected solar PV project at Bikaner, Rajasthan. The contract, valued at approximately Rs 267.53 crore including taxes, was awarded on March 31, 2026, and carries an execution timeline of 19 months. The scope also includes three years…
Author: PPD Team Date: December 24, 2024 India is set to launch its Critical Mineral Mission in 2025, an initiative to secure essential minerals for the country’s green energy transition and electric vehicle (EV) sector growth. This mission will bring together multiple ministries, industries, research institutions, and global think tanks to ensure a sustainable supply of critical minerals like lithium and cobalt. The demand for these minerals is expected to surge, particularly for EVs, renewable…
Author: PPD Team Date: January 23, 2026 SAEL Industries Ltd has commissioned a 1 GWp solar power project with 800 MW alternating current capacity at the Khavda Renewable Energy Park in Gujarat. The project was developed through its subsidiaries, SAEL Solar P4 Private Limited and SAEL Solar P5 Private Limited. The project will supply electricity under 25 year power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL), providing long term revenue visibility. The…
Author: PPD Team Date: September 24, 2025 Inox Solar Limited, a subsidiary of Inox Clean Energy Limited, has commissioned a 1.2 GW solar module manufacturing plant at Bavla, Ahmedabad, Gujarat. This is the first phase of a planned 3 GW module facility. The Bavla plant, completed in four months, will manufacture N-type tunnel oxide passivated contact solar modules using M10, G12R, and G12 cells. The modules are bi-facial and designed to support higher capacity utilisation….