Reliance Industries has signed a landmark $3 billion agreement with Samsung C&T to supply green ammonia, marking a major step in India’s emergence as a global exporter of green fuels. The long-term agreement will see Reliance supply green ammonia to Samsung C&T over a period of 15 years, beginning in the second half of 2029.
The deal represents the first in a series of long-term offtake partnerships for Reliance’s new energy platform and reflects the company’s strategic push into clean energy and green hydrogen derivatives.
Driving Green Energy Expansion
Reliance is working on its ability to make green ammonia at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The facility will cover 5,000 acres and make green chemicals like green ammonia, e-methanol, and sustainable aviation fuel. It will also make batteries, solar modules, and electrolysers.
The project is part of Reliance’s broader plan, announced in 2021, to invest $10 billion in renewable energy and clean technology initiatives, as the company shifts away from fossil fuels.
Supporting India’s Global Ambitions
Commenting on the development, Anant Ambani, Executive Director, Reliance Industries Limited said, “Partnerships such as this will help scale our green hydrogen ecosystem and gigafactories, while contributing to India’s ambition of becoming a global hub for green hydrogen and its derivatives.”
The Jamnagar complex will be powered by a large-scale solar project and is designed to support an integrated clean energy ecosystem.
As highlighted by Mukesh Ambani, “These platforms create a multi-pronged, gigawatt-scale clean energy ecosystem solar, battery storage, hydrogen all under one roof.”
Strengthening Global Energy Transition
The deal shows that Reliance wants to build a fully integrated clean energy value chain while taking advantage of the growing global demand for green fuels. This deal puts the company in a good position to be a major player in the global energy transition and boost India’s position in the green hydrogen and ammonia export market.
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