Reliance Industries has entered into a major clean energy partnership, signing a $3 billion agreement with Samsung C&T Corporation for the long-term supply of green ammonia, marking one of the largest global deals in this segment.
The 15-year Supply and Purchase Agreement (SPA) will commence in the second half of FY2029. The deal is expected to play a key role in advancing India’s ambitions to emerge as a global exporter of green fuels.
Under the agreement, Reliance will supply green ammonia produced through its integrated clean energy ecosystem being developed in India. The initiative aligns with the government’s National Green Hydrogen Mission, which aims to build domestic capabilities in green hydrogen and related fuels.
The project will be supported by Reliance’s expanding new energy platform, which includes renewable energy generation, energy storage, green hydrogen production, and downstream green fuels and chemicals. The company is also investing in local manufacturing of key technologies such as solar modules, battery storage systems, and electrolysers.
Anant Ambani, Executive Director at Reliance Industries, said the partnership marks a significant milestone in India’s transition to clean energy and in scaling the green hydrogen ecosystem.
A major part of this strategy is the development of the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The facility will house large-scale manufacturing units for solar modules, batteries, electrolysers, fuel cells, and power electronics.
Reliance stated that this agreement is likely to be the first of several long-term offtake deals aimed at expanding its green energy business and strengthening India’s role in the global green fuel supply chain.
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