Larsen & Toubro (L&T) has inked a memorandum of understanding (MoU) with HydrogenPro for manufacturing Hydrogen Electrolysers in India.
As per the agreement, L&T and HydrogenPro will set up a joint venture (JV) in India for Gigawatt-scale manufacturing of Alkaline Water Electrolysers based on HydrogenPro technology for Indian and overseas markets.
The proposed joint venture in India is in line with L&T’s strategic vision to be present across the green energy value chain and HydrogenPro’s strategy of establishing a global manufacturing footprint to maintain cost leadership and ensure local presence.
