Reliance Signs $3 Billion 15-Year Green Ammonia Supply Deal with Samsung C&T

Reliance Industries Limited (RIL) has signed a binding 15-year agreement valued at over $3 billion to supply green ammonia to South Korea's Samsung C&T starting in the second half of fiscal year 2029. Green ammonia, produced using renewable energy through electrolysis, serves as a low-carbon alternative for fertilizers, industrial use, and shipping fuel. This deal supports RIL's integrated new energy platform, which includes renewable power, energy storage, green hydrogen, and domestic manufacturing of clean-energy technologies, aligning with India's National Green Hydrogen Mission.