Reliance Industries Limited has entered into a long-term agreement with Samsung C&T Corporation to supply green ammonia over a 15-year period beginning in FY2029.
The deal reflects a broader shift towards low-carbon energy solutions and highlights India’s efforts to establish itself within the global green hydrogen ecosystem through domestic production and export capabilities.
Reliance Industries has signed a binding Supply and Purchase Agreement with Samsung C&T valued at over $3 billion.
The contract involves the supply of green ammonia across a 15-year period, with deliveries scheduled to begin in the latter half of FY2029.
The scale and duration of the agreement indicate a structured commitment to long-term clean energy trade between India and South Korea.
Green ammonia, derived from renewable hydrogen, is increasingly being considered a viable alternative fuel for industrial applications and energy storage. Its transportability makes it suitable for international trade, positioning it as a practical carrier of green hydrogen.
This agreement reflects growing demand for such fuels in markets seeking to reduce carbon emissions.
The deal aligns with Reliance Industries’ broader strategy to develop an integrated clean energy ecosystem.
The company is investing in renewable power generation, battery storage systems, hydrogen production, and related infrastructure. It is also focusing on domestic manufacturing of components such as solar modules and electrolysers to support its energy transition plans.
The agreement supports India’s policy direction under the National Green Hydrogen Mission, which aims to position the country as a global hub for green fuel production and exports. Large-scale commercial deals such as this could contribute to building supply chains, attracting investment, and strengthening India’s role in the emerging clean energy market.
Global interest in green fuels has increased due to climate targets and energy security concerns. Countries with strong renewable capacity are seeking to export green hydrogen derivatives, while industrial economies are exploring imports to decarbonise sectors such as shipping, chemicals, and power generation. This deal reflects those evolving dynamics.
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The agreement between Reliance Industries and Samsung C&T represents a step in the development of long-term green fuel trade. It demonstrates how industrial partnerships are shaping the early stages of the green hydrogen economy, while also reinforcing India’s intent to participate actively in global clean energy supply chains.
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 or 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.
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Published on: Mar 17, 2026, 11:45 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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