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Business supply agreement

L&T GreenTech, ITOCHU Green Ammonia Deal

Analysis based on 18 articles · First reported Apr 22, 2026 · Last updated Apr 22, 2026

Sentiment
60
Attention
4
Articles
18
Market Impact
General
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This long-term green ammonia supply agreement between L&T Energy GreenTech and Itochu is expected to positively impact the renewable energy and shipping sectors. It signals growing demand for low-carbon marine fuels, potentially boosting investments in green hydrogen and ammonia production facilities and accelerating decarbonization efforts in maritime transport.

Renewable energy Shipping Chemicals

L&T Energy GreenTech, a wholly-owned subsidiary of Larsen & Toubro, has signed a long-term take-or-pay agreement with Japan's Itochu for the annual supply of 300,000 tonnes of green ammonia. The supply will originate from LTEGL's proposed production facility at Kandla, India — Gujarat, positioning India as a key exporter of low-carbon fuels. This partnership builds on a Joint Development Agreement signed in July 2025 and aims to establish a globally competitive green ammonia value chain. Itochu plans to utilize the green ammonia for its expanding bunkering operations, particularly in Singapore, supporting the maritime sector's shift towards cleaner fuels and global decarbonization goals. The deal reinforces LTEGL's strategy to scale its green hydrogen and derivatives platform and aligns with India's India — National Green Hydrogen Mission.

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L&T Energy GreenTech, a subsidiary of Larsen & Toubro, signed a long-term take-or-pay agreement with Itochu for the annual supply of 300,000 tonnes of green ammonia from its proposed Kandla facility.
Importance 95.0 Sentiment 70.0
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Itochu entered a long-term agreement with L&T Energy GreenTech to procure green ammonia for its bunkering operations, particularly in Singapore, advancing its strategy for decarbonizing the maritime sector.
Importance 90.0 Sentiment 60.0
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