IIT Bombay and Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects and hi-tech manufacturing and services, signed an agreement to jointly pursue research and development work in the green hydrogen value chain.
Both the institutions have joined hands to contribute toward the development of the green hydrogen industry in India and to develop next-generation technology in this emerging field.
BENEFITS OF THE PARTNERSHIP
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.
Commenting on the occasion, SN Subrahmanyan, CEO, and MD, L&Tsaid, “L&T has always been in the forefront to drive technological advancements and indigenization in India across sectors. We are positioning to drive the green hydrogen economy in India together with our partners.”
“Our partners and clients are also looking forward to leveraging our capability to reduce costs and industrialize green hydrogen,” he said.
“This collaboration with IIT Bombay and its world-class technologists will support the cause of developing indigenous globally competitive technologies and nudge India towards Aatmanirbhar in green hydrogen technology,” the CEO added.