IT and engineering conglomerate Larsen & Toubro (L&T) has teamed up with the Indian Institute of Technology, Bombay (IIT Bombay) to jointly pursue research and development work in the green hydrogen value chain.
The Indian multinational in a regulatory filing on Tuesday informed exchanges about its new partnership with the country’s top tech institute. L&T’s engineering expertise, product scale-up, commercialization know-how, and IIT Bombay’s cutting-edge research in hydrogen technologies will help this partnership accomplish its goal, the company said in a press release.
“L&T has always been in the forefront to drive technological advancements and indigenisation in India across sectors. We are positioning to drive Green Hydrogen economy in India together with our partners,” S N Subrahmanyan, CEO & MD, L&T, said.
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While speaking over the new partnership Prof Subhasis Chaudhuri, Director, lIT Bombay said, “Given the urgency of the climate crisis and India’s own ambitious target of becoming net-zero by 2070, the transition from fossil fuel to Green Hydrogen will play a key role in this goal. India’s National Hydrogen Mission is a step in the right direction, and I am confident that our partnership with L&:T will result in scalable and cost-effective solutions.”
In the central government in February 2022 notified the Green Hydrogen policy aimed at boosting the production of Green Hydrogen and Green Ammonia to help the nation become a global hub for the environmentally friendly version of the molecule.
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