L&T Energy GreenTech (LTEG), a fully owned subsidiary of Larsen & Toubro, has entered into a Joint Development Agreement with Japan’s ITOCHU Corporation to develop and commercialise a substantial 300-kilotonnes-per-annum (KTPA) green ammonia facility in Kandla, Gujarat.

The project will be built on a strategically located land parcel acquired by L&T at Kandla last year, reinforcing the firm’s push to anchor itself firmly across the green energy value chain.

Under the agreement, ITOCHU will offtake the green ammonia to support its bunkering operations in Singapore—an industry widely recognised as pivoting towards zero-emission marine fuels.

This collaboration marks a significant stride in decarbonising maritime logistics. L&T’s Deputy Managing Director & President, Subramanian Sarma, affirmed L&T’s commitment to the clean energy transition through "innovation, strategic partnerships and engineering excellence." 

Echoing this sentiment, Hiroyuki Tsubai, Executive Vice President and President of ITOCHU’s Machinery Company, added that the partnership will make Kandla the primary production hub of green ammonia destined for Singapore’s bunkering needs, bolstering ITOCHU’s drive toward low-carbon maritime fuel supply.

India’s strong base of renewable resources—paired with cost-competitive electricity—positions it well to lead globally in green hydrogen and ammonia. The National Green Hydrogen Mission targets 5 million tonnes of green hydrogen-related production by 2030, backed by expected investments north of US$100 billion.

The Kandla project is part of L&T’s broader vision. Earlier this year, the company outlined a ten-year capital expenditure plan of ₹48,000 crore to deploy six green ammonia units of 300 KTPA each in phases, aimed at exporting to Southeast Asia and Europe