Reliance and Samsung C&T Strike $3 Billion Green Ammonia Deal
In a significant move towards sustainable energy, Reliance Industries Limited (Reliance) and Samsung C&T Corporation have finalized a binding agreement for a $3 billion green ammonia supply deal. This collaboration marks one of the largest long-term green ammonia contracts globally, signaling a growing commitment to cleaner fuel alternatives and reduced carbon emissions.
Deal Details and Timeline
Under the 15-year agreement, Reliance will supply green ammonia to Samsung C&T, beginning in the second half of 2029 [Forbes]. The deal, initially disclosed on March 16, 2026 [Reuters], will see Samsung C&T secure a stable supply of green ammonia, starting in 2028 according to [Samsung C&T].
Green Ammonia: A Cleaner Energy Source
Green ammonia is produced using renewable energy sources, such as solar and wind power, making it a cleaner alternative to traditional fossil fuels. It is gaining traction as a key component in the transition to a hydrogen economy and is increasingly sought after for power generation and industrial applications. Countries like South Korea are actively increasing their demand for green ammonia to reduce pollution and meet sustainability goals.
Strategic Implications for Reliance and Samsung C&T
For Reliance, this agreement represents a major step in building an integrated clean energy platform and achieving its net-zero emissions targets. The company is actively investing in green hydrogen and ammonia production and supply businesses [Reuters]. Samsung C&T, will be able to effectively address the growing demand for green ammonia in both Korea and international markets, strengthening its position in the hydrogen trading business [Samsung C&T].
India’s Role in the Clean Energy Transition
This deal reinforces India’s growing role in the global clean energy landscape. Reliance’s commitment to renewable energy projects, including solar, batteries and hydrogen, positions the country as a potential major energy exporter. The agreement is expected to contribute to building a stable hydrogen supply chain and advancing the hydrogen industry worldwide [Samsung C&T].
Key Takeaways
- Reliance and Samsung C&T have signed a $3 billion green ammonia supply agreement.
- The 15-year agreement will commence in the second half of 2029.
- Green ammonia is a cleaner alternative to traditional fuels, produced using renewable energy.
- The deal strengthens both companies’ positions in the growing hydrogen economy.
- India is emerging as a key player in the global clean energy transition.