Reliance Industries has entered into a binding 15-year supply and purchase agreement (SPA) worth over $3 billion with Samsung C&T Corporation to supply green ammonia, marking one of the largest global offtake deals for the clean fuel.
Under the agreement, Reliance will begin supplying green ammonia to Samsung C&T from the second half of FY2029. The company described the deal as among the largest long-term binding contracts globally in the green ammonia space, underscoring the accelerating demand for low-carbon fuels.
The partnership is expected to be the first in a series of long-term offtake agreements that will support the expansion of Reliance’s new energy business. It also aligns with India’s broader push under the National Green Hydrogen Mission, which aims to establish the country as a leading global producer and exporter of green hydrogen and its derivatives.
Reliance is currently developing a large-scale clean energy ecosystem anchored by the Dhirubhai Ambani Green Energy Giga Complex. The integrated manufacturing hub will include gigafactories for solar modules, batteries, electrolysers, fuel cells, and power electronics, enabling end-to-end green hydrogen and ammonia production.
The company said the agreement reflects its strategy of building a fully integrated new energy platform spanning renewable power generation, energy storage, green hydrogen, and downstream green fuels and chemicals. Reliance is also investing in domestic manufacturing capabilities for critical clean energy technologies to strengthen self-reliance in the energy transition.
According to the company, integrating these capabilities within a single ecosystem will allow it to deliver scalable, globally competitive green energy solutions while reinforcing India’s manufacturing base.
Anant Ambani, executive director at Reliance Industries, said the partnership represents a key milestone in the company’s clean energy journey. He noted that the collaboration would help scale its green hydrogen ecosystem and manufacturing capacity, contributing to India’s ambition of becoming a global hub for green hydrogen.
Through these initiatives, Reliance aims to build a globally competitive clean energy platform while advancing its target of achieving net-zero carbon emissions by 2035.