Reliance signs $3 billion green ammonia deal with Samsung C&T, boosting India’s clean energy exports and hydrogen ecosystem growth.
Reliance Industries Limited has signed a landmark long-term agreement with Samsung C&T Corporation for the supply of green ammonia, reinforcing its growing role in the global clean energy transition. The binding Supply and Purchase Agreement (SPA), valued at over $3 billion, spans a 15-year period and is scheduled to commence in the second half of FY2029. This deal ranks among the largest long-term green ammonia offtake agreements worldwide, underscoring increasing global demand for low-carbon fuels.
The agreement represents a significant milestone not only for the two companies but also for India’s ambition to emerge as a key exporter of green energy. It highlights the country’s evolving capability to develop and deliver a complete green fuel value chain domestically. The initiative aligns closely with India’s National Green Hydrogen Mission, which aims to position the nation as a global hub for green hydrogen production and exports.
Reliance is actively building an integrated New Energy platform that encompasses renewable power generation, energy storage, green hydrogen production, and downstream green fuels such as ammonia. A core aspect of this strategy is the development and manufacturing of critical clean energy technologies within India. These include solar modules, Battery Energy Storage Systems (BESS), and electrolyser systems, all of which are essential for producing green hydrogen and its derivatives efficiently.
By focusing on domestic manufacturing and technology development, Reliance is supporting the government’s “Make in India” initiative while strengthening the country’s industrial ecosystem. This integrated approach is expected to deliver green energy solutions that are not only cost-competitive but also scalable and reliable for international markets. It also enhances India’s position in the global clean energy supply chain by reducing dependence on imported technologies.
The partnership with Samsung C&T marks the first in a series of planned long-term agreements that will help Reliance scale its New Energy business. These collaborations are expected to drive the expansion of its green hydrogen ecosystem and support the development of large-scale manufacturing facilities, including gigafactories.
According to Anant Ambani, Executive Director of Reliance Industries, the agreement is a crucial step in advancing India’s clean energy journey. He emphasized that the company’s vision extends beyond energy transition to building a robust industrial foundation. By leveraging India’s renewable resources, skilled workforce, and innovation capabilities, Reliance aims to produce value-added green fuels and chemicals at scale.
Overall, the deal reflects a broader shift in the global energy landscape, where partnerships and long-term supply agreements are becoming critical to accelerating the adoption of sustainable fuels. It positions Reliance as a key player in the emerging green ammonia market while contributing to India’s long-term energy security and economic growth.
