Larsen & Toubro Limited has informed the Exchange regarding a press release dated April 22, 2026, titled "L&T Energy GreenTech Enters Green Ammonia Partnership with Japan s ITOCHU".
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L&T's wholly-owned subsidiary L&T Energy GreenTech Ltd (LTEGL) has signed a long-term take-or-pay agreement with Japan's ITOCHU Corporation to supply 300,000 tonnes of green ammonia per annum from its proposed Kandla, Gujarat production facility. The agreement builds on a Joint Development Agreement signed in July 2025, marking progression from joint development to secured long-term demand. ITOCHU will use the green ammonia for expanding green bunkering operations in Singapore and other locations, supporting the maritime sector's transition to low-carbon fuels. The deal reinforces LTEGL's strategy to scale its green hydrogen and derivatives platform, positioning Kandla as a strategic export hub aligned with India's National Green Hydrogen Mission.
The partnership provides commercial validation and long-term revenue visibility for L&T's green ammonia platform. Securing a creditworthy Japanese trading house as an anchor customer strengthens the bankability of the Kandla project and positions L&T as a credible player in the emerging global green ammonia value chain.