Under the agreement, LTEG and ITOCHU will collaborate on the development of the green ammonia facility, with ITOCHU planning to offtake the product for bunkering applications in Singapore. The partnership marks a significant step in advancing clean energy solutions for the maritime sector and aligns with both L&T and ITOCHU’s commitment to sustainability and decarbonisation.

L&T had last year acquired a sizeable land parcel at Kandla for the development of green hydrogen and green ammonia projects. The latest collaboration supports LTEG’s strategic vision to establish a presence across the green energy value chain and complements ITOCHU’s initiatives to introduce low-carbon ammonia as a zero-emission marine fuel.

Commenting on the collaboration, Mr Subramanian Sarma, Deputy Managing Director & President, L&T, said: “As the global energy landscape shifts decisively towards sustainability, L&T remains deeply committed to driving the clean energy transition through innovation, strategic partnerships, and engineering excellence. The partnership with ITOCHU reflects L&T’s larger vision of enabling a cleaner, greener future through sustainable business focus”.

Mr 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 centre of green ammonia for ITOCHU’s bunkering operations in Singapore”.

Owing to its abundant renewable resources and competitive electricity cost, India is uniquely positioned to become a global leader in green hydrogen and its derivatives. India’s National Green Hydrogen Mission envisions a production capacity of at least 5 MMTPA by 2030, attracting investments exceeding USD 100 billion. The initiative is expected to catalyse industrial innovation, create green jobs, and reinforce India’s energy security.

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The scope of work encompasses the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages, along with auxiliaries and associated mechanical, electrical and control & instrumentation (C&I) systems.

Mr. Subramanian Sarma, Deputy Managing Director & President, L&T, added: “In today’s dynamic energy landscape, where India’s demand for reliable and affordable power continues to grow, this order from the Adani Group reinforces our role as a leading partner in building the country’s critical energy infrastructure”.

Adani Power Ltd, India’s largest private sector thermal power producer with an installed capacity of over 18,000 MW, plays a pivotal role in meeting the nation’s baseload electricity requirements. This project marks another chapter in the long-standing association between L&T and Adani Power, combining L&T’s unmatched engineering and execution capabilities with Adani’s vision of delivering dependable and efficient energy to millions of households and industries across India.

LTECLS is uniquely positioned to integrate deep expertise in engineering, manufacturing and project execution, with a strong focus on delivering solutions for power and low-carbon processes. Its in-house capabilities are further enhanced through collaborations with global leaders in engineering and manufacturing.

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LTEGL, a wholly owned subsidiary of L&T, is dedicated to sustainable energy solutions, including Green Hydrogen, its derivatives, and Electrolyser Manufacturing. Centered on its three core business pillars — Development, Manufacturing, and EPC — LTEGL offers integrated solutions across the Green Energy value chain through advanced technology, strategic partnerships and dedicated R&D.

With the strength of more than 200 years of experience in energy and industry, John Cockerill is developing innovative technological solutions which contribute to the energy transition, whether by developing new electricity production capacities from renewable sources, storing green electricity or optimising the electricity output of power plants and industrial installations. The Group adapts its technologies and expertise — heat recovery steam generators, receivers for concentrated solar power plants, integrated units for the production, storage and management of green electricity, industrial boilers, Hamon cooling systems — to the specific needs of its clients in the industrial and energy domains.

The MoU aims to identify and develop strategic collaboration opportunities in manufacturing, component supply and engineering solutions critical to the implementation and deployment of CSP and TES projects.

Commenting on the occasion, Mr Subramanian Sarma, Whole-time Director & President (Energy), L&T, said, “L&T remains committed to accelerating the adoption of next-generation green energy technologies. Ensuring round-the-clock availability of renewable power is crucial for driving the global energy transition. Our collaboration with John Cockerill marks a significant step in this direction, combining L&T’s end-to-end expertise in manufacturing, EPC and services with John Cockerill’s global leadership in energy. 

Mr Thomas Bohner, CEO of John Cockerill Energy, commented, “We are extremely happy to partner with LTEGL in exploring and leveraging opportunities to make India’s manufacturing sector sustainable and efficient. Our CSP and TES technologies are leading the way for renewable and dispatchable power and heat projects, from small to large scale, on and off- grid, on a worldwide basis. With our expertise and references, including 5 state-of-the-art solar thermal receivers for concentrating solar power plants in the United Arab Emirates, China, Chile and South Africa, we are confident that this partnership with LTEGL will enable us to deliver these offerings to companies in India that are actively pursuing low carbon energy solutions.”

“Partnering with John Cockerill and leveraging its expertise in CSP and TES technology allows us to integrate advanced energy storage solutions with our robust engineering and manufacturing capabilities. By leveraging these synergies, we aim to accelerate the deployment of green RTC power generation, driving the shift towards a greener, more sustainable energy future,” underscored Mr Derek Shah, Sr Vice President & Head, L&T Energy – Green Mfg. & Development.

Mr Vivek Bhide, Regional President and Group Transformation Officer, John Cockerill, added, “Indian businesses are increasingly partnering with the government in supporting its move towards sustainable energy adoption and net zero commitments. Our CSP and TES technology will aid this transition and deliver reliable and sustainable energy solutions to Indian businesses. We are grateful for LTEGL’s partnership and look forward to collaborating with them in bringing this world-class technology to India.”

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Bengaluru, October 9, 2024: In a major boost to India’s renewable energy sector, Saatvik Solar, India’s premier solar PV module manufacturer, has inked an agreement with Larsen & Toubro (L&T) to supply a 213 MW order for solar PV modules. This agreement marks a substantial contribution to India’s renewable energy sector.

This order is designated for L&T Energy’s 245 MW Bihar Battery Energy Storage System (BESS) project. Of this, 185 MW will power a solar PV grid-connected power plant, while 45.4 MW will support a 4-hour battery storage system in Kajra district. Saatvik Solar will deliver its advanced Mono PERC (Passivated Emitter and Rear Cell) Bifacial Modules of 545 Wp, featuring glass-to-back sheet technology. These high-efficiency solar modules are engineered to provide outstanding performance and long-term dependability, making them perfect for large-scale solar systems. The delivery is scheduled for completion by March 2025.

Expressing his thoughts on the occasion, Mr. Prashant Mathur, CEO, Saatvik Solar, said, “This order represents a major milestone for Saatvik Solar and underscores our commitment to advancing India’s clean energy landscape. By collaborating with industry leaders like L&T Energy, we are not only expanding our business but also actively contributing to India’s sustainable future. This partnership reflects the growing capabilities of domestic manufacturers in meeting the sophisticated demands of large-scale solar projects.”

This award strengthens Saatvik Solar’s position as a leading player in the solar sector, building on its continuous efforts to increase production capabilities to provide new solutions. Further, Saatvik Solar is actively pursuing several key infrastructure tech innovations to stay ahead in the renewable energy sector. The company is developing high-efficiency solar PV modules, including half-cut modules and premium modules with advanced features like ‘0 buzz bar’ and ‘24 buzz bar’ technology. In addition to module manufacturing, Saatvik Solar is also exploring investments in electrolyser battery manufacturing and storage solutions to enhance energy storage capabilities. Saatvik Solar’s R&D infrastructure and in-house manufacturing skills enable the firm to address the rising demand for high-efficiency solar modules in both the Indian and global markets.

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