Larsen & Toubro (L&T) has signed an agreement with the Indian Institute of Technology (IIT) Bombay to jointly pursue research and development work in the Green Hydrogen value chain. Under the agreement, both the institutions would contribute to the development of the Green Hydrogen industry in India while developing technology in this field. Hydrogen when produced through the electrolysis process using renewable energy is known as Green Hydrogenwhich has no carbon footprint.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Central Government in February 2022 notified the Green Hydrogen policy aimed at boosting the 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. It should be noted that India has its own ambitious target of becoming net-zero by 2070.
Important takeaways for all competitive exams:
Find More News Related to Agreements
Music has been a part of human life for centuries, bringing joy, emotion, and expression…
In a major policy signal aimed at rural transformation, Madhya Pradesh has declared 2026 as…
The Karnataka government has officially moved to protect gig and platform workers by notifying a…
The Economic Survey 2025–26 is an important annual document that shows the real picture of…
Cricket is one of the most popular sports in the world, and the top players…
The Union government has taken a fresh step to support farmers in Tamil Nadu by…