Larsen & Toubro licenses Mcphy electrolyser tech for Indian gigafactory

International electrolyser firms are increasingly partnering with Indian firms to gain foothold in the market

India’s Larsen & Toubro has signed an agreement with French electrolyser manufacturer Mcphy to license the latter’s technology for manufacturing. Larsen & Toubro plans to construct an electrolyser gigafactory based on Mcphy’s technology, with an eye primarily to serve domestic demand. “The green hydrogen industry is at a nascent stage with an immense potential, and through this partnership both organisations will harness their inherent strengths to establish cost leadership through local manufacturing and sourcing,” says Derek Shah, Larsen & Toubro’s head of green manufacturing and development. International electrolyser manufacturers are increasingly exploring opportunitie