Regional Ammonia: Reliance signs $3b green ammonia supply deal with Samsung C&T
Monday, March 16 2026 - 11:29 PM WIB
By Romel S. Gurky
India’s Reliance Industries Limited said on Monday it had signed a binding long term agreement to supply green ammonia to Samsung C&T Corporation, in a deal valued at more than $3 billion that highlights India’s ambitions to become a global exporter of green fuels.
The 15 year supply and purchase agreement will begin in the second half of the fiscal year ending March 2030, the Indian conglomerate said in a statement.
The deal is among the largest long term green ammonia offtake agreements globally and is expected to support the scale up of Reliance’s new energy business, which includes renewable power, energy storage, green hydrogen and downstream green fuels.
Green ammonia, produced using renewable energy based hydrogen, is seen as a key fuel for decarbonising industries and shipping.
“This partnership marks an important step in India’s clean energy journey,” Shri Anant Ambani, Executive Director of Reliance Industries Limited, said in the statement.
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Reliance is building an integrated clean energy platform anchored by its Dhirubhai Ambani Green Energy Giga Complex in Jamnagar in western India, which will house gigafactories producing solar modules, batteries, electrolysers and fuel cells.
The company aims to combine domestic renewable energy resources with local manufacturing of clean energy technologies such as solar modules, battery energy storage systems and electrolysers.
The agreement with Samsung C&T is the first in a series of long term offtake partnerships that Reliance expects will support the expansion of its green hydrogen and ammonia production capacity.
The deal also aligns with India’s National Green Hydrogen Mission, which seeks to position the country as a major global hub for green hydrogen and related fuels.
Samsung C&T, which operates trading and renewable energy development businesses in more than 40 countries, is expanding its portfolio of low carbon energy investments as global demand for clean fuels grows.
Editing by Alexander Ginting