Overview

• The 25-year build-own-operate contract secures 10,000 tonnes per annum of green hydrogen supply to IOCL’s Panipat refinery.
• Production will utilize high-pressure alkaline electrolysers manufactured domestically at L&T Electrolysers Ltd’s Hazira facility.
• Round-the-clock operation powered by renewable energy is designed to decarbonise refining processes at the Panipat site.
• The initiative advances the National Green Hydrogen Mission and the Aatmanirbhar Bharat goal of self-reliant clean-tech manufacturing.
• L&T’s share price recovered intraday losses following the formal exchange filing of the agreement.