The two companies aim at creating a joint venture for the manufacturing of GW-scale alkaline water electrolysers.
India has set targets of having 175 GW of renewable energy production by 2022 and 500 GW by 2030.
“The energy industry is undergoing a tectonic shift with green hydrogen emerging as a key fuel in the future energy basket,” said Sekharipuram Narayanan Subrahmanyan, CEO and manging director of Larson & Toubro.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
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