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L&T in talks to sell minority stake in clean energy arm to Japan's Itochu; eyes Kandla as green ammonia export hub

Larsen & Toubro is in talks with Japan’s Itochu Corporation for equity participation in its wholly owned clean energy ar...

L&T in talks to sell minority stake in clean energy arm to Japan's Itochu; eyes Kandla as green ammonia export hub
Source: Economic Times - Companies

Larsen & Toubro is in talks with Japan’s Itochu Corporation for equity participation in its wholly owned clean energy arm, alongside a green ammonia offtake partnership. L&T is developing a 300,000-tonne-a-year project at Kandla, Gujarat, which it sees as a strategic export hub for green hydrogen derivatives.

SOURCE: Economic Times - Companies
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