L&T set to phase out old construction gear

23 Jul 2024 CW Team

Larsen & Toubro will phase out old construction equipment and use more biodiesel as part of a multi-pronged strategy to reduce its carbon footprint in the long term, according to a senior executive.

The strategy also entails using electricity generated from renewable energy rather than thermal coal at its manufacturing sites. "We are looking to phase out construction equipment that is more than 15 years old. Targets have been given to different departments," said L&T's corporate strategy head, Anup Sahay. L&T has 14,000 pieces of construction equipment. Diesel is used as fuel to power the equipment. It is also used in generator sets at its construction sites. "Diesel is 65% of our emissions. We are looking to scale up use of biodiesel as a fuel to 30% in the mix," he said.

L&T's construction business contributes 85-90% of the company's standalone revenues. Its standalone revenue for the financial year 2023-24 were in excess of Rs1,31,000 crore. Sahay said at any given point in time there were more than 500 construction sites in operation."We have set up two task forces. The first is looking at diesel consumption. The second will look at possibilities to move consumption of electricity to renewable sources," he said. Sahay cited that Larsen & Toubro's diesel consumption had dropped by 8% in financial year 2023-24.

Larsen & Toubro has evolved five year plans for carbon emissions reduction. The first of these plans kicked off in financial year 2020-2021 and will get completed in financial year 2025-2026. He cautioned that plans to reduce carbon footprint will take time. "It will be many decades before we can bring down the share of fossil fuel or thermal coal to 25-30%," he said.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..