L&T Energy Tech wins IOC's first green H2 tender

L&T Energy Green Tech secured a bid to construct a 10,000 tonnes per annum green hydrogen plant at IOCL's Panipat refinery, outbidding NTPC Renewable Energy and Renew E Fuels. The project, based on a build, own, operate model for 25 years, will see L&T supplying green hydrogen at ₹397 per kg.