In India, SolarQuarter reported that L&T Energy GreenTech (LTEG), a wholly-owned subsidiary of Larsen & Toubro, has entered into a joint development agreement with Japan’s ITOCHU Corporation to develop and commercialize a 300 KTPA green ammonia project in Kandla, Gujarat.
Under this agreement, the two companies will collaborate on setting up the green ammonia facility, with ITOCHU planning to offtake the production for use as marine fuel in Singapore.
In 2024, L&T had acquired a large land parcel in Kandla to support the development of green hydrogen and green ammonia projects. This latest collaboration strengthens LTEG’s strategy to build a presence across the green energy value chain and supports ITOCHU’s efforts to promote low-carbon ammonia as a zero-emission marine fuel, according to the report.
Hiroyuki Tsubai, Executive Vice President, Member of the Board, President, Machinery Company of ITOCHU Corporation, said: “Through this joint development with one of the largest and most respected companies in India’s private sector, L&T Group, our initiatives to introduce low-carbon ammonia to the maritime sector as an alternative zero-emission fuel will be reinforced. With this collaboration, Kandla, located on the west coast of India, will become the principal production center of green ammonia for ITOCHU’s bunkering operations in Singapore”.
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