Reliance Industries Eyes Green Ammonia Export Deals with Key Asian and European Markets

Written by: Team Angel OneUpdated on: 27 Apr 2026, 3:44 pm IST
Reliance Industries expands green energy portfolio with a $3 billion ammonia deal and progress across solar and battery storage projects.
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Reliance Industries is accelerating the build-out of its new energy vertical, with a focus on green ammonia, solar manufacturing and battery storage capabilities.  

The company is leveraging large-scale infrastructure investments and long-term supply agreements to strengthen its position in the clean energy ecosystem, aligning its projects with India’s broader renewable energy ambitions. 

Green Ammonia Deal and Strategy 

Reliance has entered into a $3 billion agreement for the supply of green ammonia over a 15-year period, with deliveries expected to begin in the second half of FY29.  

The company noted that its green ammonia facilities are aligned with the government’s National Green Hydrogen Mission. 

As per news reports, Karan Suri, senior vice president for the new energy vertical, said, “Last quarter, we signed one of the largest green ammonia supply contracts. This demonstrates the confidence that off-takers have in our integrated green energy and green chemicals ecosystem, and the development that is already happening on the ground.  

This is one of the first supply contracts that we have signed, and we are in advanced discussions with off-takers from Japan, Korea, and Europe". 

Project Development & Infrastructure 

The green ammonia facility forms part of the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar, Gujarat, which anchors Reliance’s broader clean energy strategy.  

The site also houses solar module manufacturing and a 20 GWh lithium iron phosphate battery storage facility, expected to be commissioned in phases over the coming years. 

Additionally, the company is progressing on a 40 GWp battery energy storage system and cell manufacturing unit, with equipment already installed and commissioning set to begin gradually within the year. 

Solar Expansion & Execution 

Reliance is also developing a round-the-clock solar power generation project in Kachchh, Gujarat, covering nearly 5,50,000 acres.  

Construction contracts have been awarded, and supporting infrastructure, including transmission connectivity, is currently under development. 

Read More: Best Blue Chip Stocks For April 2026: Reliance Industries, HDFC Bank, Bharti Airtel and More Based on Market Cap! 

Reliance Industries Share Price Performance 

As of 27 April 2026, at 9:30 AM, Reliance Industries share price is trading at ₹1,325.50 per share, reflecting a decline of 0.17% from the previous closing price. 

Conclusion 

With large-scale projects underway and long-term offtake agreements in place, Reliance is steadily advancing its integrated green energy platform, positioning itself to capitalise on growing global demand for clean energy solutions. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Apr 27, 2026, 10:12 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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