Larsen & Toubro Subsidiary Signs Long-Term Green Ammonia Supply Deal with Japan’s ITOCHU

Larsen & Toubro (L&T) has announced that its wholly owned subsidiary, L&T Energy GreenTech Ltd (LTEGL), has entered into a long-term partnership with Japan’s ITOCHU Corporation for the supply of green ammonia.

Green Ammonia Supply Agreement and Strategic Expansion

Under the agreement, LTEGL will supply 300,000 tonnes per annum of green ammonia to ITOCHU on a captive long-term take-or-pay basis from its proposed production facility at Kandla, Gujarat. This marks a key development in the company’s efforts to scale its green hydrogen and derivatives platform. The partnership builds on the Joint Development Agreement signed between the two companies in July 2025 and represents a transition from joint development to securing long-term demand. It is aimed at establishing a globally competitive green ammonia value chain and strengthening collaboration between the two entities.

ITOCHU is expected to utilise the green ammonia supplied from Kandla to support its expanding green bunkering operations, particularly in Singapore and other key maritime trade hubs. The development supports the global transition towards low-carbon fuels and contributes to decarbonisation efforts in the shipping industry.

The project also aligns with India’s National Green Hydrogen Mission, positioning Kandla as a strategic export hub for green energy derivatives. The initiative is expected to strengthen L&T’s presence in the global clean energy ecosystem while supporting long-term sustainable growth.

Management Commentary

Subramanian Sarma, Deputy Managing Director & President - L&T, said that the agreement with ITOCHU is a significant step in translating the company’s clean energy ambitions into large-scale, Bankable projects. He added that securing long-term demand through a global partner strengthens the commercial foundation of its green ammonia platform while contributing to global decarbonisation efforts.

Hiroyuki Tsubai, Executive Vice President, Member of the Board and President - Machinery Company at ITOCHU Corporation, stated that establishing a reliable and scalable supply of green ammonia is critical for its adoption as a marine fuel. He added that the partnership provides a strong supply base to expand bunkering operations and support the transition towards low-carbon shipping.

L&T Results Announcement Update

L&T has informed that its Board of Directors will meet on May 5, 2026, to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026, along with considering a Dividend, if any.

About L&T

Larsen & Toubro Limited (L&T) is a leading Indian multinational engaged in engineering, procurement, and Construction (EPC) projects, hi-tech manufacturing, and services. The company operates across key sectors including infrastructure, energy, hydrocarbons, heavy engineering, Defence, and information technology services, with a strong presence in both domestic and international markets.

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Disclaimer: This article is for informational purposes only and not investment advice.