Larsen & Toubro’s Power Transmission & Distribution Business has achieved significant milestones for the Power Elements and Grid packages of the world’s largest green hydrogen. The plant is being constructed by NEOM Green Hydrogen Company (NGHC). NGHC is an equal joint venture between ACWA Power, Air Products, and NEOM.
The NGHC plant aims to produce green hydrogen at a large scale for global export in the form of green ammonia, with a total investment of USD 8.4 billion. The project has successfully reached full financial close, with support from 23 local, regional, and international banking and financial institutions, and construction is now in progress. Significant progress has been made in various activities, including surveys, design and engineering, the establishment of temporary facilities, and procurement of long lead items.
L&T was granted approval several quarters ago to establish the Renewable Energy Generation, Storage, and Grid infrastructure, from Air Products, the system-integrating EPC Contractor and exclusive off-taker of green ammonia to be produced from the project. L&T has been awarded packages valued at USD 2.779 billion.
Under the awarded contracts, L&T will be responsible for the engineering, procurement, and construction of a 2.2 GWac PV Solar Plant, 1.65 GW Wind Generation Balance of Plant, and a 400 MWh Battery Energy Storage System as part of the Power Elements package. Additionally, L&T will construct three 380 kV Switching Stations, 306 km of 380 kV Overhead lines, and Underground Cables for the Kingdom’s Grid network. The scope of work also includes the Energy Power Monitoring System (EPMS) for the entire network.
The CEO and MD of Larsen & Toubro, S. N. Subrahmanyan stated that such initiatives at scale have the potential to speed up global energy transition. He further added that these technology-led projects are aligned with L&T’s aspirations towards propelling the next wave of growth and reflect the customer’s trust in the company’s commitment to professionalism, timely delivery, and quality.
The company is proud to be associated with the project that will integrate 4GW of renewable energy to enable the production of up to 600 tonnes of carbon-free hydrogen per day remarked T Madhava Das, Whole-Time Director & Sr. Executive Vice President (Utilities), Larsen & Toubro
Wolfgang Brand, Vice President of NEOM Green Hydrogen from Air Products, expressed enthusiasm for the progress made towards the world’s largest green hydrogen production facility in NEOM and stated that the company was proud to work with L&T in its ambition to produce carbon-free hydrogen using renewable energy.