L&T set to phase out old construction gear
ECONOMY & POLICY

L&T set to phase out old construction gear

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.       

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.       

Next Story
Real Estate

Häfele launches Matrix undermount runners range

Häfele has introduced its new Matrix range of undermount runners, designed to enhance drawer motion across kitchens, wardrobes, bathroom units, and more.Available in four weight capacities and a wide range of lengths, the Matrix undermount runners support diverse drawer designs. The 40 kg and 60 kg variants feature synchronised technology for superior motion and drawer stability. All runners come with an integrated soft-close mechanism to ensure smooth and noiseless operation.This in-house range is ideal for kitchen cabinets, bed storage units, living room furniture and bathroom drawers, offe..

Next Story
Real Estate

India's first AI-integrated campus announced in Noida

Yashoda Hospital and Bhutani Infra have announced plans to develop India’s first fully AI-integrated mixed-use campus in Greater Noida West. The upcoming project will feature a hospital, retail spaces, offices, SOHOs, serviced apartments, and a hotel—all operating within a self-learning, generative AI-powered ecosystem.The AI-first campus will integrate real-time data systems, predictive analytics, and adaptive infrastructure to offer personalised experiences across functions. From AI-enabled footfall tracking and dynamic energy optimisation to smart F&B and retail insights, the develo..

Next Story
Infrastructure Urban

Postal Dept Unveils Stamp Honouring 125 Years of Kodaikanal Observatory

The Department of Posts is proud to release a commemorative postage stamp celebrating 125 years of the Kodaikanal Solar Observatory (KSO). Recognising the legacy of the KSO through this special stamp is a fitting tribute to one of India’s most significant scientific institutions and highlights the nation’s long-standing contribution to global science.The Commemorative stamp was released by S Rajendra Kumar, Chief Postmaster General, Karnataka Circle in the gracious presence of A S Kiran Kumar, Chairperson, Governing Council, IIA and Former Chairman, ISRO and other esteemed guests at Indian..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?