The Economic Times

L&T in talks to sell minority stake in clean energy arm to Japan's Itochu; eyes Kandla as green ammonia export hub

Larsen & Toubro is in talks with Japans Itochu Corporation for equity participation in its wholly owned clean energy arm, alongside a green ammonia offtake partnership. L&T is developing a 300,000-tonne-a-year project at Kandla, Gujarat, which it sees as a strategic export hub for green hydrogen derivatives.