Weak green hydrogen demand puts L&T's 1 GW plan on ice

Larsen & Toubro has postponed its electrolyser manufacturing expansion plans. Weak green hydrogen demand is impacting investment decisions for the company. L&T's current capacity stands at 400 MW, with a planned 1 GW expansion. The company can ramp up production as market demand increases. This expansion is contingent on future project announcements and market openings.