On Thursday, Larsen & Toubro Ltd has said that it will jointly own and operate green hydrogen projects with Goldman Sachs-backed green energy producer ReNew Power.

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The partnership between L&T and the renewable energy company is the latest big-ticket entry into the green hydrogen production space in India, following announcements of ambitious plans by Mukesh Ambani and Gautam Adani, two of Asia’s richest men.

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Larsen & Toubro Ltd-View Detailed Analysis