L&T Secures Major Green Ammonia Supply Contract with ITOCHU Corp.
L&T Seals Large Green Ammonia Supply Deal With Japanese Conglomerate
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Larsen & Toubro Ltd.'s subsidiary, L&T Energy GreenTech Ltd., has signed a long-term agreement with Japan's ITOCHU Corp. to supply 300,000 tonnes of green ammonia annually from Kandla, Gujarat. This partnership aims to support ITOCHU's green bunkering initiatives and develop a global green ammonia ecosystem.
- 01L&T Energy GreenTech Ltd. will supply 300,000 tonnes of green ammonia annually.
- 02The deal is on a long-term take-or-pay basis, ensuring stable demand.
- 03ITOCHU aims to enhance its green bunkering applications in Singapore and beyond.
- 04This agreement follows a Joint Development Agreement established in July 2025.
- 05Green ammonia is recognized as a sustainable marine fuel for decarbonization.
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L&T Energy GreenTech Ltd., a subsidiary of Larsen & Toubro Ltd., has finalized a significant long-term supply agreement with Japan's ITOCHU Corp. to provide 300,000 tonnes of green ammonia annually from its upcoming production facility in Kandla, Gujarat. This partnership is pivotal for ITOCHU as it seeks to expand its green bunkering applications in Singapore and other strategic locations, contributing to a global green ammonia ecosystem. The agreement operates on a captive long-term take-or-pay basis, guaranteeing L&T a consistent customer in ITOCHU. Subramanian Sarma, deputy managing director and president of L&T, emphasized that this collaboration strengthens the commercial foundation of L&T's green ammonia platform. The deal builds on a Joint Development Agreement signed in July 2025, marking a significant progression in their partnership and reinforcing their shared vision of establishing a competitive green ammonia value chain. Green ammonia, produced by combining hydrogen from renewable energy and nitrogen from the air, is increasingly viewed as a next-generation marine fuel essential for decarbonizing the maritime sector.
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This agreement positions Gujarat as a key player in the green ammonia market, potentially boosting local employment and economic activity in the region.
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