Newsletter
L&T’s renewable energy arm has signed a Memorandum of Understanding with ACWA Power for the Yanbu Green Ammonia Project in Saudi Arabia.
ACWA Power develops, invests in, and operates power generation, water desalination, and green hydrogen projects, focusing on sustainable, large-scale infrastructure solutions.
The deets: the agreement creates a framework for both companies to design the best system and meet performance goals for the renewable power and grid part of the project. L&T has agreed that once the final proposal is approved, it will take on the full role of building the project under an engineering, procurement and construction contract.
The Yanbu Green Hydrogen Hub will be a fully integrated facility powered only by solar and wind energy. It will include solar power plants, wind farms, battery storage systems, substations, and transmission lines to generate and manage electricity for the entire project.
Why it matters: the Yanbu Green Hydrogen Hub is expected to be one of the world’s largest green ammonia and hydrogen projects. It is a key part of Saudi Arabia’s Vision 2030 push to diversify its economy and reduce reliance on fossil fuels.
For L&T, this deal cements its position as a serious global player in green hydrogen and renewable infrastructure, especially in the Middle East. For the world, projects like Yanbu signal how fast the shift toward clean energy is accelerating. The project is set to be executed in phases, with construction milestones expected to stretch over the coming years, eventually contributing to global net-zero goals.
