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Reliance Inks $3 Billion Pact with Samsung for Long-Term Green Ammonia Supply

Reliance Industries Limited (RIL) has entered into a long-term agreement worth over $3 billion with Samsung C&T Corporation to supply green ammonia over a 15-year period. The deliveries are scheduled to begin in the second half of FY2029.

This deal marks the first in a series of long-term offtake agreements aimed at scaling up RIL’s New Energy business, which focuses on renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals.

RIL highlighted that a key element of its New Energy strategy is the domestic manufacturing of critical clean energy technologies, including solar modules, battery storage systems, and electrolyzers. By integrating these capabilities, the company aims to build a cost-efficient and scalable green energy ecosystem for global markets while strengthening local industrial capacity.

The agreement also aligns with Reliance’s broader ambitions in green fuel production. The company has previously secured projects to support green hydrogen and ammonia manufacturing infrastructure in Gujarat and has outlined plans to produce and export green ammonia, methanol, and sustainable aviation fuel.

Looking ahead, RIL aims to achieve a green hydrogen production capacity of 3 million tonnes annually by 2032, positioning itself as a major player in the global clean energy transition.

The development comes alongside policy support from the Ministry of New and Renewable Energy, which has introduced standards for green ammonia and methanol under India’s National Green Hydrogen Mission—an initiative approved by the Union Cabinet in 2023 to accelerate production, usage, and exports of green hydrogen and related fuels.