L&T, ACWA Ink Pact For Yanbu Green Ammonia Project

25 Sep 2025 CW Team

Larsen & Toubro (L&T) Ltd. has signed a memorandum of understanding (MoU) with ACWA Power for the renewables and grid scope of the Yanbu Green Ammonia Project in Saudi Arabia.

The agreement sets a framework for collaboration on design, configuration, and performance targets for the renewables and grid systems. L&T has committed to enter into an engineering procurement and construction (EPC) contract once the final proposal is approved.

The Yanbu Green Hydrogen Hub will be a fully integrated facility with captive renewable electricity generation powered exclusively by solar and wind energy. Its renewables and grid scope includes solar PV, wind, and battery energy storage system plants, along with substations and transmission lines.

Marco Arcelli, CEO of ACWA Power, said: “By developing and exporting green ammonia, we aim to support international markets in their decarbonisation efforts and pave the way for a cleaner, more sustainable world.”

T Madhava Das, Member of the Board and Senior Executive Vice President (Utilities) at L&T, added that Saudi Arabia’s strategic location, competitive renewable costs, and mega-project approach make it an ideal hub for regional and international integration of clean energy, especially along the India–Middle East–Europe corridor.

Separately, L&T recently secured orders worth up to Rs 150 billion, comprising two ‘large’ and two ‘significant’ contracts. L&T shares were trading 0.1 per cent lower at Rs 3,670.5 apiece on Monday morning, though up 5.4 per cent over the past six months.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..