Reliance Signs USD 3 billion Green Ammonia Supply Deal with South Korea’s Samsung C&T
In March 2026, Reliance Industries Limited (RIL) signed 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 starting from the second half of Financial Year 2028-29(FY29).
In March 2026, Reliance Industries Limited (RIL) signed 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 starting from the second half of Financial Year 2028-29(FY29).
- This deal, valued at over USD 3 billion, is one of the world’s largest off-take agreements for green fuel.
Key Details of Agreement:
Supply Mechanism: Under this SPA, RIL will supply green ammonia produced through a fully integrated clean energy ecosystem established in India.
Significance: This partnership marks the first in a series of global offtake agreements supporting RIL’s clean energy expansion.
Alignment: Aligned with the National Green Hydrogen Mission (NGHM), Reliance Industries Limited (RIL) aims to build a competitive clean-energy platform and achieve net-zero emissions by 2035.
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