Reliance Industries has signed a 15-year green ammonia supply agreement with Samsung C&T Corp., marking one of the largest long-term offtake deals globally.
Reliance Industries, India’s largest private-sector company, has entered into a binding long-term supply and purchase agreement (SPA) with Samsung C&T Corp. of South Korea for the supply of green ammonia over a 15-year period starting in the second half of fiscal 2029.
The agreement, valued at more than $3 billion, is among the largest long-term green ammonia offtake deals globally. It supports the development of export-oriented green fuel supply chains aligned with India’s National Green Hydrogen Mission.
Reliance Industries is developing an integrated new energy platform spanning renewable generation, energy storage, green hydrogen, and downstream fuels and chemicals.
The platform includes in-house manufacturing of solar modules, battery energy storage systems (BESS), and electrolyzer systems.
