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Reliance & Samsung Sign $3B Green Ammonia Deal, India's Clean Energy Leap

Reliance Industries has entered a binding long-term agreement to supply green ammonia to South Korea's Samsung C&T Corporation, valued at over USD 3 billion. The 15-year deal, commencing in the latter half of FY2029, is a landmark for India's emerging role as a green fuel exporter. This partnership supports the scale-up of RIL's integrated New Energy platform, which focuses on domestic manufacturing of clean-energy technologies like solar modules and electrolysers. The initiative aligns with India's National Green Hydrogen Mission and aims to build a strong industrial base for competitive, scalable green energy solutions.

Key Points: Reliance, Samsung Sign $3B Green Ammonia Supply Deal

  • $3+ billion binding agreement
  • 15-year supply from FY2029
  • Boosts India's green hydrogen mission
  • Part of RIL's integrated New Energy platform
2 min read

Reliance Industries signs landmark green ammonia binding long-term offtake agreement with Samsung C&T

Reliance Industries signs a landmark $3+ billion green ammonia supply deal with Samsung C&T, boosting India's green hydrogen mission.

"We are proud to partner with Samsung C&T to supply green ammonia that is cost-competitive and reliable. - Anant Ambani"

Mumbai, March 16

Reliance Industries Limited has entered into a binding long-term Supply and Purchase Agreement with Samsung C&T Corporation, South Korea, for the supply of Green Ammonia over a 15-year period commencing in the second half of FY2029.

According to a press release shared by Reliance Industries, "The SPA, valued at more than USD 3 billion, is one of the largest binding long-term Green Ammonia off-take agreements globally."

The agreement sets a new benchmark in the global energy landscape, with India emerging as an exporter of green fuels produced through an end-to-end value chain anchored in the country, including the domestic manufacturing of critical clean-energy equipment, aligned with India's National Green Hydrogen Mission (NGHM).

RIL is developing a fully integrated New Energy platform spanning renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals, supported by in-house manufacturing of critical clean-energy technologies, stated the release.

A central pillar of RIL's New Energy ecosystem is the indigenisation of critical clean-energy technologies in India, including Solar modules, Battery Energy Storage Systems (BESS), and Electrolyser systems, in line with the Government of India's vision for self-reliance and domestic manufacturing leadership.

By integrating these capabilities within a single ecosystem, RIL aims to deliver green energy solutions that are competitive, scalable, and reliable for global markets while strengthening India's industrial base.

The agreement with Samsung C&T is the first in a series of long-term offtake partnerships supporting the scale-up of RIL's New Energy platform.

Anant Ambani, Executive Director, Reliance Industries Limited, said, "We are proud to partner with Samsung C&T to supply green ammonia that is cost-competitive and reliable. This partnership marks an important step in India's clean-energy journey."

"RIL's New Energy initiative aims not only to advance the energy transition but also to build a strong industrial platform for India by integrating India's renewable resources with the country's manufacturing leadership, world-class talent and innovation to produce value-added green fuels and chemicals at scale. At the heart of this vision is our commitment to indigenising the critical technologies of the energy transition -- Solar, Battery Energy Storage Systems, and Electrolysers -- under a strong Make-in-India framework," he further said.

"Partnerships such as this will help scale our green hydrogen ecosystem and gigafactories, while contributing to India's ambition of becoming a global hub for green hydrogen and its derivatives," he added.

- ANI

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Reader Comments

P
Priya S
Great news for job creation and technology development within India. The focus on indigenising solar, batteries, and electrolysers is crucial. Hope this leads to more skilled manufacturing jobs and reduces our dependency on imports for clean tech.
D
David E
A $3+ billion deal starting in 2029? That's serious forward planning. It shows confidence in India's ability to build the entire value chain. The scale is impressive, but execution will be key. Hope they can deliver cost-competitive green ammonia as promised.
S
Sneha F
While this is a positive step, I hope the benefits trickle down. Large projects often don't address local environmental concerns or community impact. Reliance must ensure their green factories are truly sustainable and create inclusive growth, not just profits.
R
Rohit P
Make in India in action! This is how we build industrial strength. From solar panels to the final fuel, keeping it all domestic means more value stays here. Partnerships with global giants like Samsung add credibility. Jai Hind!
K
Karthik V
The timeline is 2029, which feels far away. A lot can change in the green energy market by then. Hope Reliance's technology choices today remain relevant. Still, it's a bold commitment that signals India's serious entry into the global green fuel market.

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