L&T to Phase Out Outdated Construction Equipment and Boost Biodiesel Use
Equipment

L&T to Phase Out Outdated Construction Equipment and Boost Biodiesel Use

Larsen & Toubro (L&T) is set to gradually phase out outdated construction equipment and increase the use of biodiesel as part of a comprehensive strategy to reduce its long-term carbon footprint, according to Anup Sahay, head of corporate strategy at L&T.

As part of this initiative, L&T aims to replace construction equipment older than fifteen years, with specific targets assigned to various divisions. The company owns 14,000 pieces of construction equipment, primarily powered by diesel fuel, which also drives generator sets on construction sites.

"65% of our emissions come from diesel. Our goal is to increase the percentage of biodiesel in the fuel mix to 30%," Sahay stated. The construction division, which contributes 85-90% of L&T?s independent income, recorded revenue exceeding ?1,31,000 crore for the fiscal year 2023?2024.

L&T operates more than 500 active construction sites at any given time. To address emissions, the company has established two task forces: one to examine diesel use and another to explore shifting electricity use to renewable energy sources. During the 2023-24 fiscal year, L&T reduced its fuel consumption by 8%.

L&T's five-year plans, initiated in the 2020?2021 fiscal year and set to conclude in the 2025?2026 fiscal year, aim to significantly reduce carbon emissions. However, Sahay cautioned that India's transition to a reduced carbon footprint will take time. "It will be many decades before we can bring down the share of fossil fuel or thermal coal to 25-30% in India's energy mix," he stated.

Larsen & Toubro (L&T) is set to gradually phase out outdated construction equipment and increase the use of biodiesel as part of a comprehensive strategy to reduce its long-term carbon footprint, according to Anup Sahay, head of corporate strategy at L&T. As part of this initiative, L&T aims to replace construction equipment older than fifteen years, with specific targets assigned to various divisions. The company owns 14,000 pieces of construction equipment, primarily powered by diesel fuel, which also drives generator sets on construction sites. 65% of our emissions come from diesel. Our goal is to increase the percentage of biodiesel in the fuel mix to 30%, Sahay stated. The construction division, which contributes 85-90% of L&T?s independent income, recorded revenue exceeding ?1,31,000 crore for the fiscal year 2023?2024. L&T operates more than 500 active construction sites at any given time. To address emissions, the company has established two task forces: one to examine diesel use and another to explore shifting electricity use to renewable energy sources. During the 2023-24 fiscal year, L&T reduced its fuel consumption by 8%. L&T's five-year plans, initiated in the 2020?2021 fiscal year and set to conclude in the 2025?2026 fiscal year, aim to significantly reduce carbon emissions. However, Sahay cautioned that India's transition to a reduced carbon footprint will take time. It will be many decades before we can bring down the share of fossil fuel or thermal coal to 25-30% in India's energy mix, he stated.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000