L&T Expands Global Footprint with Offshore Wind Unit in Netherlands

Larsen & Toubro Ltd (L&T), India’s leading engineering and infrastructure conglomerate, announced the incorporation of Energy Offshore Wind B.V. in the Netherlands. The new unit marks a strategic step in expanding L&T’s renewable energy portfolio, particularly in offshore wind projects, which are gaining momentum globally as part of the clean energy transition.

The Netherlands, known for its advanced offshore wind infrastructure and supportive regulatory environment, offers L&T a strong base to collaborate with European partners and leverage cutting-edge technology. The subsidiary will focus on project development, engineering solutions, and partnerships in offshore wind, aligning with L&T’s broader sustainability and decarbonization goals.

Industry experts highlight that offshore wind is expected to play a critical role in achieving global net-zero targets. By establishing a presence in Europe, L&T aims to strengthen its international footprint, diversify revenue streams, and bring global expertise back to India’s renewable energy sector.

Key Highlights
New Subsidiary: L&T incorporates Energy Offshore Wind B.V. in the Netherlands.

Strategic Focus: Expansion into offshore wind projects and renewable energy solutions.

Global Base: Netherlands chosen for its advanced offshore wind ecosystem.

Sustainability Goals: Supports L&T’s commitment to clean energy and decarbonization.

Market Outlook: Offshore wind seen as a key driver of global net-zero targets.

India Impact: Expertise expected to strengthen domestic renewable energy initiatives.

Sources: Economic Times, L&T Offshore Wind Expansion; Business Standard, Renewable Energy Strategy; Mint, Global Offshore Wind Market Analysis