L&T Energy GreenTech Signs Long Term Green Ammonia Deal With ITOCHU

27 Apr 2026 CW Team

Larsen and Toubro's green energy unit L&T Energy GreenTech has signed an agreement with Japan's ITOCHU Corporation to supply 300,000 tonnes (t) per annum of green ammonia. The supply is to originate from a proposed production facility in the western Indian state of Gujarat. The companies characterised the pact as long-term and targeted at supporting the energy transition in maritime fuels. The arrangement forms part of corporate plans to export low carbon fuels to overseas buyers.

ITOCHU plans to develop a global green ammonia supply ecosystem that links key maritime trade routes including Singapore, which the firm sees as crucial for shipping bunkers and logistics. Green ammonia is being positioned as a means to decarbonise the shipping sector by providing a lower carbon alternative to conventional marine fuels. The deal follows a pattern of Indian suppliers securing contracts to deliver green ammonia to markets such as South Korea and Japan.

India has set a target to produce about 5 million (mn) tonnes (t) of green hydrogen and derived fuels by 2030, supported by state subsidies to scale manufacturing and logistics. Industry analysts view such targets as driving investment in electrolysis capacity, renewable power integration and export oriented production hubs. Developers are preparing feasibility studies and supply chain assessments.

The long-term agreement signals growing international demand for green ammonia and reflects collaboration between Indian producers and global trading houses to establish supply chains. Both parties indicated the arrangement is intended to strengthen energy security along maritime corridors and to foster commercial frameworks for future offtake. Analysts view the agreement as accelerating investment in renewable power and storage required for green ammonia production. Market observers expect similar pacts to shape the emerging green maritime fuel market.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..