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Weak green hydrogen demand puts L&T's 1 GW plan on hold, The Economic Times reports

The Economic Times says Larsen & Toubro currently has 400 MW of electrolyser manufacturing capacity and can ramp up production as market demand increases.

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1 Source, 24d ago, first seen 24d ago

TLDR

The Economic Times reports that Larsen & Toubro has postponed its planned 1 GW electrolyser manufacturing expansion as weak green hydrogen demand weighs on investment decisions. The report says expansion depends on future project announcements and market openings.

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1 Source, first seen 24d ago

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Combined views

19.2K

1 Source, first seen 24d ago

16 likes

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1 Source

@EconomicTimesWeak green hydrogen demand puts L&T's 1 GW plan on ice https://economictimes.indiatimes.com/industry/renewables/weak-green-hydrogen-demand-puts-lts-1-gw-plan-on-ice/articleshow/133848709.cms24d
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    @EconomicTimesWeak green hydrogen demand puts L&T's 1 GW plan on ice https://economictimes.indiatimes.com/industry/renewables/weak-green-hydrogen-demand-puts-lts-1-gw-plan-on-ice/articleshow/133848709.cms24d
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