L&T in talks to sell stake in clean energy arm to Japan's Itochu
Larsen & Toubro (L&T) is negotiating with Japan's Itochu Corporation to sell a minority stake in its clean energy unit, L&T Energy GreenTech Ltd (LTEGL). The partnership includes developing a 300 ktpa green ammonia project at Kandla, Gujarat, intended as a strategic export hub for green hydrogen derivatives. L&T's deputy managing director Subramanian Sarma confirmed discussions but did not disclose the stake size.
ET Energy Renewable··Kandla


