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Kandla

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L&T Explores Stake Sale in Green Energy Arm to Japan's Itochu, Eyes Kandla for Green Ammonia Exports
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Crypto

L&T Explores Stake Sale in Green Energy Arm to Japan's Itochu, Eyes Kandla for Green Ammonia Exports

Indian infrastructure major Larsen & Toubro (L&T) is in talks with Japan's Itochu Corporation to potentially sell a minority stake in its clean energy subsidiary. This partnership would also involve an agreement for Itochu to purchase green ammonia produced from L&T's upcoming 300,000-tonne-per-year project in Kandla, Gujarat, positioned as a key export hub.

1h ago·2 min readListen
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