UPEX 2026

Reliance Industries Signs $3 Billion Green Ammonia Offtake Deal With Samsung C&T, Boosting India’s Green Fuel Ambitions

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Reliance Industries Limited (RIL) has signed a binding long-term Supply and Purchase Agreement (SPA) with Samsung C&T Corporation for the supply of green ammonia over a 15-year period, beginning in the second half of FY2029.

Valued at over $3 billion, the agreement is among the largest long-term green ammonia offtake deals globally, marking a significant milestone in the evolving clean energy market.

The deal is expected to position India as a key exporter of green fuels, supported by a fully integrated domestic value chain aligned with the country’s National Green Hydrogen Mission.

Strengthening India’s Green Energy Ecosystem

RIL is developing a fully integrated new energy platform spanning renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals. The company is also investing in domestic manufacturing of critical clean energy technologies, including solar modules, battery energy storage systems (BESS), and electrolyser systems.

A core pillar of this strategy is the indigenisation of clean energy technologies under a “Make in India” framework, aimed at delivering scalable and globally competitive green energy solutions while strengthening the country’s industrial base.

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Leadership Perspective

Highlighting the strategic importance of the partnership, Anant Ambani 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 critical technologies of the energy transition — solar, battery energy storage systems, and electrolysers — under a strong Make-in-India framework. 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.”

Strategic Expansion

The agreement with Samsung C&T is the first in a series of long-term offtake partnerships aimed at scaling RIL’s new energy ecosystem and gigafactories.

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With this development, RIL is positioning itself at the forefront of the global green hydrogen economy, reinforcing India’s role in the international clean energy transition and green fuel supply chain.


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