Larsen & Toubro arm inks green ammonia deal with ITOCHU CorporationLarsen & Toubro arm inks green ammonia deal with ITOCHU Corporation

Introduction

Leading energy company signed long term partnership with Japan’s ITOCHU to supply 300000 tonnes green ammonia annually from Kandla project for maritime fuel use.

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Share price movement of L&T

On April 22, 2026, Larsen & Toubro Limited opened at ₹4,050.35, down 0.63% from its previous close of ₹4,075.75. The stock reached a high of ₹4,070.95 (0.94%) and a low of ₹4,023.60. By 12:11 PM, it traded at ₹4,028.00, a 1.17% decrease, with a market cap of ₹5,54,104.65 crore.

L&T GreenTech Signs ITOCHU Deal

L&T Energy GreenTech Limited, a wholly-owned subsidiary of Larsen & Toubro, signed a long term partnership with ITOCHU Corporation of Japan for supply of green ammonia from its proposed Kandla Gujarat production facility.

Under the agreement, LTEGL will supply 300000 tonnes of green ammonia annually on take or pay basis. The deal follows earlier joint development agreement signed in July 2025.

The supply will support ITOCHU’s green bunkering operations in Singapore and other locations. The project aligns with India’s green hydrogen mission and promotes low carbon maritime fuel adoption globally.

Stock performance of L&T for period of 1 week, 6 months, and 1 year

Larsen & Toubro Limited delivered a 1-week return of -0.02%, a 6-month return of 4.37%, and a 1-year return of 25.1%.

Also Read: Tata Steel to deploy world-first EASyMelt tech for greener steel

Shareholding pattern of L&T

Particulars	Mar 2026	Dec 2025	Sep 2025
Promoter	0%	0%	0%
FII	18.80%	20.10%	19.50%
DII	43.60%	43.20%	43.60%
Public	37.60%	36.70%	36.90%

About L&T

L&T Energy GreenTech Limited (NSE: LT) is a subsidiary of Larsen & Toubro focused on green hydrogen value chain with integrated EPC, manufacturing, development and R&D solutions.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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