Reliance Industries signs $3 billion green ammonia supply agreement with Samsung C&T
Type: Supply Agreement · Technology: Green Ammonia · Country: India · Value: $3B · Announced: 2026-03-17
Reliance Industries Limited (RIL) has entered into a 15-year supply agreement with Samsung C&T Corporation for green ammonia, valued at over US$3 billion. This deal is designed to strengthen India's position in clean energy exports and aligns with the National Green Hydrogen Mission. RIL is actively developing a comprehensive green energy ecosystem with the goal of achieving net carbon zero by 2035. The long-term agreement underscores a significant commitment to sustainable energy solutions and international collaboration in the green hydrogen sector.
Analysis
India's clean energy export ambitions gain concrete form with Reliance Industries Limited's (RIL) newly announced 15-year green ammonia supply agreement. This deal, valued at over US$3 billion, sees RIL providing green ammonia to Samsung C&T Corporation. The long-term commitment directly supports India's National Green Hydrogen Mission, establishing a significant export channel for sustainable energy. For RIL, securing this substantial off-take agreement advances its internal goal of achieving net carbon zero by 2035. The commercial logic centers on RIL monetizing its developing green energy ecosystem while Samsung C&T secures a critical input for its own sustainable growth objectives. This agreement, announced on 2026-03-17, positions India as a future supplier in the global green hydrogen sector. Reliance Industries Limited's commitment to developing a comprehensive green energy ecosystem is further evidenced by this supply agreement. The deal directly contributes to RIL's stated objective of reaching net carbon zero by 2035 through its green ammonia production in India. Samsung C&T Corporation, a company involved in construction, trading, fashion, and resort businesses, secures a long-term green ammonia supply aligning with its aim for sustainable growth. This procurement could support various global projects undertaken by Samsung C&T, integrating clean energy into its diverse operations. The 2026-03-17 announcement also illustrates international collaboration within the green hydrogen sector, connecting an Indian supplier with a global conglomerate.
Key points
- Reliance Industries Limited signed a $3 billion green ammonia supply agreement.
- The supply agreement with Samsung C&T Corporation spans 15 years.
- The deal was announced on 2026-03-17.
- The agreement supports India's National Green Hydrogen Mission.
- Reliance Industries Limited aims for net carbon zero by 2035.
Counterparties
- Reliance Industries Limited (Supplier)
- Samsung C&T (Partner)