Indian multinational conglomerate firm Larsen & Toubro has announced achieving the Power Elements and grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. After securing the deal, a few quarters back, the power transmission and distribution business of Larsen & Toubro carried out and has achieved significant progress in various activities viz. surveys, design and engineering, establishment of temporary facilities and procurement of long lead items.
As per the contracts, L&T will engineer, procure, and construct a 2.2 GWac PV Solar Plant, 1.65 GW wind generation balance of plant and a 400 MWh Battery Energy Storage System under the power elements package. It will also construct three 380 kV switching stations, 306 KM of 380 kV overhead lines and UG cables required to the Kingdom’s grid network. The scope also includes the Energy Power Monitoring System (EPMS) for the complete network.
Air Products, the system-integrating EPC contractor and exclusive off-taker of green ammonia to be produced from the project, appointed L&T to establish renewable energy generation, storage and grid infrastructure. The value of the packages is estimated to be USD 2.779 billion.
The project is located at Oxagon in Saudi Arabia’s region of NEOM. NEOM Green Hydrogen Company (NGHC) is an equal joint-venture by ACWA Power, Air Products and NEOM.
NEOM is constructing a mega plant to produce green hydrogen at-scale that aims to cover the global market in the form of green ammonia with a total investment of USD 8.4 billion. The project is supported by 23 local, regional, and international banking and financial institutions.THe project has achieved full financial close and is currently under construction.
Commenting on the project, the CEO and MD of Larsen & Toubro, S. N. Subrahmanyan said, “Such initiatives at scale have the potential to speed up global energy transition. Also, these technology-led projects are aligned with L&T’s aspirations towards propelling our next wave of growth and reflect the customer’s trust in our commitment to professionalism, timely delivery, and quality.”
Adding further, T Madhava Das, Whole-Time Director & Sr. Executive Vice President (Utilities), Larsen & Toubro said, “We are proud to be associated with the project that will integrate 4GW of renewable energy to enable production of up to 600 tonnes of carbon-free hydrogen per day.”
While Wolfgang Brand, Vice President of NEOM Green Hydrogen from Air Products, the prime EPC contractor and system integrator for the entire facility, said in a recent statement, “We are pleased to commence the full execution of this lighthouse project and are proud to work with our partner L&T in their ambition to produce carbon-free hydrogen using renewable energy.”
“NGHC is excited to be leading the global energy transition and having the right partners is essential in making this happen, so we are thrilled to be working with Larsen & Toubro on our green hydrogen generation, grid infrastructure and storage,” remarked David R. Edmondson, CEO of NEOM Green Hydrogen Company.
