Reliance Industries has signed a long-term agreement with Samsung C&T Corporation of South Korea to supply green ammonia for the next 15 years. The deal is valued at more than $3 billion and is considered an important step in Reliance’s growing clean-energy business.
According to the agreement, Reliance will start delivering green ammonia to Samsung C&T from the second half of FY2029. The contract is structured as a Supply and Purchase Agreement (SPA), which means both companies have made a binding commitment for long-term supply.
This deal marks one of the first large global agreements linked to Reliance’s new energy platform, where the company is investing heavily in renewable energy, green hydrogen, and clean fuels.
Key Details of the Agreement
Under the agreement, Reliance Industries will supply green ammonia to Samsung C&T over a 15-year period. The total value of the deal is expected to exceed $3 billion, making it one of the major international contracts in the green energy sector involving an Indian company.
The deliveries will begin in FY2029, which gives Reliance time to build and scale the required infrastructure for producing green hydrogen and green ammonia. These products will be produced using renewable power from sources such as solar and wind energy.
Samsung C&T is a major global trading and construction company, and the partnership will allow it to secure long-term access to low-carbon fuels as global industries move toward cleaner energy solutions.
What Is Green Ammonia?
Green ammonia is a cleaner version of traditional ammonia. It is produced using green hydrogen, which is hydrogen created by splitting water using renewable electricity. The hydrogen is then combined with nitrogen from the air to produce ammonia.
Unlike conventional ammonia production, which relies on fossil fuels and generates large amounts of carbon emissions, green ammonia is made using renewable energy and therefore produces much lower emissions.
Because of this, green ammonia is becoming an important product in the global transition toward clean energy.
Role in Reliance’s New Energy Strategy
The agreement is part of Reliance’s broader strategy to build a large green energy ecosystem. The company has been investing in renewable energy projects, energy storage systems, and green hydrogen production facilities.
Reliance is also working to manufacture key clean-energy technologies domestically, including solar modules, battery energy storage systems, and electrolysers, which are used to produce green hydrogen. Through these investments, the company aims to create a fully integrated clean-energy value chain.
Strategic Importance of the Deal
Reliance described the agreement with Samsung C&T as the first of several long-term partnerships expected in the company’s new energy business. These partnerships will help the company scale its green hydrogen and green fuels ecosystem.
The deal also supports India’s ambition to become a global hub for green hydrogen and clean fuels, as the country looks to expand renewable energy capacity and reduce carbon emissions.
Reliance Industries has set an ambitious target of achieving net-carbon-zero emissions by 2035, and projects like green hydrogen and green ammonia are central to that goal.
Overall, the 15-year agreement with Samsung C&T highlights Reliance’s growing role in the global clean energy market and signals the company’s commitment to building a large-scale green energy platform for the future.