Indian multinational conglomerate Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Saudi developer of green hydrogen plants ACWA Power for a green ammonia project in Yanbu, a port city on the Red Sea.

Red Sea Saudi Arabia Larsen Toubro Madhava Das Middle East Marco Arcelli Chief Executive Officer Energie Baden Europe Collaboration Planned Indian Board Utilities India Kingdom