Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday entered into a pact with the Indian Institute of Technology Bombay to carry out joint research and develop the green hydrogen technology. Hydrogen when produced through electrolysis process using renewable energy is known as green hydrogen, which has no carbon footprint.
โL&T signed an agreement with the Indian Institute of Technology Bombay, the nationโs premier technology and research institution, to jointly pursue research and development work in the green hydrogen value chain,โ the company said in a statement.
Both the organisations have come together to contribute towards the green hydrogen industry in the country and develop a next-generation technology.
โL&Tโs engineering expertise, product scale-up and commercialisation know-how and IIT Bombayโs cutting-edge research in hydrogen technologies will help this partnership accomplish its goal,โ the statement said.
L&Tโs partnership with IIT Bombay and its world-class technologists will support the cause of developing indigenous globally-competitive technologies and nudge India towards reliance in green hydrogen technology, said S N Subrahmanyan, CEO and MD of L&T.
Subhasis Chaudhuri, Director, IIT Bombay, said, โGiven the urgency of the climate crisis and Indiaโs own ambitious target of becoming net-zero by 2070, transition from fossil fuel to green hydrogen will play a key role in this goal. Indiaโs 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.โ