The agreement sets a new benchmark in the global energy landscape,
with India emerging as an exporter of green fuels produced
through an end-to-end indigenous value chain anchored in the country
Mumbai (India), 16th March 2026: Reliance Industries Limited (RIL) has entered into a
binding long-term Supply and Purchase Agreement (SPA) with Samsung C&T Corporation,
South Korea, for the supply of Green Ammonia over a 15-year period commencing in the
second half of FY2029.
The SPA, valued at more than US$3 billion, is one of the largest binding long-term Green
Ammonia off-take agreements globally.
The SPA sets a new benchmark in the global energy landscape, with India emerging as an
exporter of green fuels produced through an end-to-end value chain anchored in the
country, including the domestic manufacturing of critical clean-energy equipment, aligned
with India’s National Green Hydrogen Mission (NGHM).
Building a New Global Benchmark for Green Energy
RIL is developing a fully integrated New Energy platform spanning renewable energy,
energy storage, green hydrogen, and downstream green fuels and chemicals, supported by
in-house manufacturing of critical clean-energy technologies.
A central pillar of RIL’s New Energy ecosystem is the indigenisation of critical clean-
energy technologies in India, including Solar modules, Battery Energy Storage
Systems (BESS), and Electrolyser systems, in line with the Government of India’s vision
for self-reliance and domestic manufacturing leadership.
By integrating these capabilities within a single ecosystem, RIL aims to deliver green energy
solutions that are competitive, scalable, and reliable for global markets while strengthening
India’s industrial base.
The agreement with Samsung C&T is the first in a series of long-term offtake partnerships
supporting the scale-up of RIL’s New Energy platform.
Anant Ambani, Executive Director, Reliance Industries Limited, said: “We are
proud to partner with Samsung C&T to supply green ammonia that is cost-competitive and
reliable. This partnership marks an important step in India’s clean-energy journey.
RIL’s New Energy initiative aims not only to advance the energy transition but also to build
a strong industrial platform for India by integrating India’s renewable resources with the
country’s manufacturing leadership, world-class talent and innovation to produce value-
added green fuels and chemicals at scale. At the heart of this vision is our commitment to
indigenising the critical technologies of the energy transition — Solar, Battery Energy
Storage Systems, and Electrolysers — under a strong Make-in-India framework.
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.”
