Larsen & Toubro (L&T) has acquired a strategic parcel of land at Kandla Port to develop green power projects, marking a key move in its expansion into renewable energy. This acquisition underscores L&T’s commitment to strengthening its position in the renewable sector and advancing sustainable development.
The land at Kandla Port will play a pivotal role in L&T’s efforts to develop export-oriented green power projects, capitalizing on the port’s industrial connectivity and logistical advantages to enhance operational efficiencies and streamline project execution. In addition to this acquisition, L&T is actively seeking further opportunities in Odisha to broaden its presence in the green energy sector, with plans to identify and develop additional sites for renewable energy projects.
L&T’s expansion into green power highlights its strategic vision to diversify its energy portfolio and meet the growing demand for sustainable energy solutions. The company’s investment in renewable energy infrastructure is expected to drive economic growth, generate employment, and support environmental sustainability in the regions where it operates. With a focus on innovation and sustainability, L&T’s initiatives are poised to make a significant impact on India’s energy transition and contribute to the country’s ambitious renewable energy capacity goals.