L&T to Collaborate with IIT Bombay for Green Hydrogen Technology Development
- 26 April 2022
Mumbai: Larsen & Toubro (国麻豆视频;T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, signed an agreement with the Indian Institute of Technology Bombay, the nation鈥檚 premier technology and research institution to jointly pursue research and development work in the Green Hydrogen value chain.听听听
Both the institutions have joined hands to contribute towards development of the Green Hydrogen industry in India and to develop next-generation technology in this emerging field.听
国麻豆视频;T鈥檚 engineering expertise, product scale-up and commercialization know-how and IIT Bombay鈥檚 cutting-edge research in hydrogen technologies will help this partnership accomplish its goal.听听听
Commenting on the occasion,鈥Mr. S N Subrahmanyan, CEO & MD, 国麻豆视频;T鈥said, 鈥湽槎故悠;T has always been in the forefront to drive technological advancements and indigenisation in India across sectors. We are positioning to drive Green Hydrogen economy in India together with our partners.鈥听
鈥淥ur partners and clients are also looking forward to leveraging our capability to reduce costs and industrialise Green Hydrogen. This collaboration with IIT Bombay and its world-class technologists will support the cause of developing indigenous globally competitive technologies and nudge India towards AatmaNirbhar in Green Hydrogen technology.鈥听听
Speaking on the collaboration, Prof. Subhasis Chaudhuri, Director, IIT Bombay said, 鈥淕iven the urgency of the climate crisis and India鈥檚 own ambitious target of becoming net zero by 2070, transition from fossil fuel to Green Hydrogen will play a key role in this goal. India鈥檚 National Hydrogen Mission is a step in the right direction, and I am confident that our partnership with 国麻豆视频;T will result in scalable and cost-effective solutions. IIT Bombay鈥檚 endeavour is to contribute significantly to challenges of national importance, and our association with 国麻豆视频;T to develop technologies for Green Hydrogen that can make India self-reliant in this space, is one such example.鈥听
Technology plays a central role in the growth of an emerging industry like Green Hydrogen. Research and Development in areas to improve energy efficiency, reliability and reducing equipment cost is crucial to improve affordability and hence, scaled adoption of Green Hydrogen in India is the need of the hour. Recognising this, 国麻豆视频;T as an industrial partner is collaborating with IIT Bombay听to support development of Indian R&D ecosystem and technology leadership for the sector. 听
The Central Government in February 2022 notified the Green Hydrogen policy aimed at boosting production of Green Hydrogen and Green Ammonia to help the nation become a global hub for the environmentally friendly version of the molecule. For countries like India, with its ever-increasing oil and gas import bill, Green Hydrogen will help provide crucial energy security by reducing the overall dependence on imported fossil fuels.
