Reliance Industries Signs $3 Billion Green Ammonia Supply Agreement with Samsung C&T for 15 Years
HYDROGENAMMONIAENERGY STORAGE
Reliance Industries Ltd. (RIL) signed a long-term supply agreement valued at over $3 billion with Samsung C&T Corporation for green ammonia over 15 years, commencing in the second half of FY2029. This deal, one of the largest globally, positions India as an exporter of green fuels through an indigenous value chain, including domestic manufacturing of clean-energy technologies. RIL's New Energy platform integrates renewable energy, energy storage, and downstream green fuels, supporting India's National Green Hydrogen Mission and aligning with the government's focus on self-reliance in energy technologies.

Mar 18, 2026, 6:00 AM