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L&T Eyes Strategic Partnership with Itochu for Green Ammonia Exports

Larsen & Toubro (L&T) is in discussions with Japan's Itochu Corporation to sell a minority stake in its clean energy division. This move includes a potential green ammonia offtake partnership. L&T is developing a significant 300,000-tonne-per-year project in Kandla, Gujarat, positioning it as a key export hub for green hydrogen derivatives. The collaboration with Itochu could enhance L&T's capabilities in the renewable sector and expand its export potential.

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