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L&T Signs Pact for Electrolyser Manufacturing

Larsen & Toubro (L&T) has entered into an electrolyser manufacturing binding agreement with McPhy Energy, a France-based leading electrolyser technology and manufacturing company, for a long-term partnership in the emerging green hydrogen market.

 

Under this agreement, McPhy will accord L&T an exclusive licence to its pressurized alkaline electrolyser technology for the manufacture of electrolysers, including future product upgrades.

 

L&T intends to construct a gigawatt-scale manufacturing facility for electrolysers based on McPhy technology in India to serve domestic as well as other selected geographies.

 

The proposed agreement aligns with L&T's strategic vision of being present throughout the green energy value chain, as well as McPhy's vision of expanding beyond the European market.

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