RELIANCE NSE filing

Reliance inks $3B+ Green Ammonia deal with Samsung C&T for 15 years

The RealCase readHigh impact Positive

Reliance Industries Limited (RIL) signed a 15-year binding Green Ammonia supply deal with Samsung C&T Corporation valued at over US$3 billion. The agreement, starting in H2 FY2029, supports India's emergence as a green fuel exporter and RIL's integrated New Energy platform, including domestic manufacturing of clean-energy equipment.

Why it matters

The deal is substantial in value (over US$3 billion) and duration (15 years), marking a significant step in the global green energy landscape and RIL's strategic expansion into new energy.

The market read

The announcement details a significant long-term agreement for Green Ammonia, which is a positive development for Reliance's New Energy business and India's green fuel export ambitions.

Reliance Industries Limited (RIL) has signed a binding long-term Supply and Purchase Agreement (SPA) with South Korea's Samsung C&T Corporation for the supply of Green Ammonia. The agreement spans 15 years, commencing in the second half of FY2029, and is valued at over US$3 billion, marking one of the largest binding long-term Green Ammonia off-take agreements globally.

This landmark deal positions India as an exporter of green fuels, leveraging an end-to-end indigenous value chain supported by domestic manufacturing of critical clean-energy equipment, aligning with India’s National Green Hydrogen Mission (NGHM). RIL is developing an integrated New Energy platform encompassing renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals, with a focus on indigenizing technologies like Solar modules, Battery Energy Storage Systems (BESS), and Electrolyser systems.

Shri Anant Ambani, Executive Director at RIL, stated that the partnership with Samsung C&T is a crucial step in India’s clean-energy journey, aiming to make green ammonia cost-competitive and reliable. This initiative supports the scale-up of RIL’s green hydrogen ecosystem and gigafactories, contributing to India's goal of becoming a global hub for green hydrogen and its derivatives, while emphasizing a strong Make-in-India framework for critical energy transition technologies.

Filing to action

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Reliance Industries Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Reliance Industries Limited. Read the original for the full detail.

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