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EQUITY - MARKET SCREENER

Exide Industries Ltd
Industry :  Auto Ancillaries
BSE Code
ISIN Demat
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500086
INE302A01020
169.9098824
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Mar.Cap( Cr.)
EXIDEIND
30.77
32355.25
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Face Value()
Div & Yield %
12.37
1
0.53
 

sanguine media ltd
L&T Energy Greentech to set up green hydrogen plant at IOCL's Panipat Refinery
Jul 21,2025

L&T Energy Greentech  (LTEG), a wholly-owned subsidiary of Larsen & Toubro (L&T), will set up India's first largest green hydrogen plant at Indian Oil Corporation's (IOCL) Panipat Refinery in Haryana.

The plant, to be developed on a build-own-operate (BOO) basis, will supply 10,000 tonnes of green hydrogen annually to IOCL for 25 years, supporting Government of India's National Green Hydrogen Mission.

The plant will operate round the clock using renewable energy, aligning with IOCL's broader strategy to decarbonise its refining operations and contribute to India's net-zero ambitions. It will produce the green hydrogen using high-pressure alkaline electrolysers manufactured at L&T Electrolysers' state-of-the-art facility in Hazira, Gujarat.

The initiative marks a significant milestone in India's energy transition and reinforces L&T's leadership in delivering sustainable, scalable clean energy infrastructure. With this development, LTEG becomes a pioneer in India's green hydrogen ecosystem, setting a precedent for industrial scale adoption across refineries, fertiliser plants, and other hard-to-abate sectors.