Larsen & Toubro, India’s leading conglomerate in engineering, commercialization of its first electrolyser manufacturing facility is here again. The company said it was ready and just awaiting an official date for the inauguration of the facility.
The electrolyser factory being built at L&T’s Hazira facility promises to have an initial production capacity of 150-200 megawatts. For the company, this has indeed been a crucial milestone toward a robust foothold in the green hydrogen sector.
Derek Shah, Senior Vice President at L&T and Head of Green Manufacturing and Development, said, “Our strategy for phase one would be to supply electrolysers to a balanced mix of Indian and international markets with the aim to achieve a 70:30 distribution ratio. This again further cements L&T’s commitment towards supporting the growing demand for sustainable energy solutions.”.
An amount close to ₹500 crores, L&T co-invests in this factory with French firm McPhy. Electrolysers are a critical technology for making green hydrogen, and L&T is well-positioned to emerge as a leader in the transition to clean sources of energy.
Electrolyser production is one of the current trends being witnessed among India’s major industrial companies. For instance, Reliance Industries and Adani Enterprises are focusing on electrolyser manufacturing as part of new energy projects. Here, Reliance Industries Chairman and Managing Director Mukesh Ambani recently announced that a solar photovoltaic plant under the new energy business would begin production by this year’s end. Adani Enterprises also announced that it commissioned its electrolyser test laboratory in June 2024.
India would have to hasten the development of hydrogen projects so that production capacity is utilized more appropriately for hydrogen equipment, industry experts said. For the progress of initiatives in hydrogen projects, it is an important step for realizing all that has been promised by this nascent technology, according to Amrit Singh Deo, a Senior Managing Director at FTI Consulting.
