Larsen & Toubro (L&T) has been committed to work across the green energy value chain and plans to invest up to $2.5 billion over the next 3-4 years. The investment of such a large scale in the green energy sector depends upon how the market evolves. The statement comes in the wake of Larsen & Toubro planning to achieve water and carbon neutrality by 2035 and 2040, respectively.
The company which plans to move in the clean energy space in a big way aims to enter into manufacturing of key technological equipment which could be electrolysers, advanced cell batteries and fuel cells among others.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services.
