Reliance Industries Signs $3 Billion Green Ammonia Offtake Deal with Samsung C&T

New Delhi: Reliance Industries Limited (RIL) has taken a giant leap toward its "Net Carbon Zero 2035" goal by signing a massive $3 billion (₹25,000+ crore) binding long-term offtake agreement with South Korea’s Samsung C&T Corporation.

This deal officially positions India as a burgeoning global exporter of green fuels, supported by an entirely indigenous value chain.

Key Highlights of the Agreement

• Deal Value: Exceeds US$3 billion.

• Tenure: 15-year binding agreement.

• Commencement: Supply starts in the second half of FY2029.

• The Product: Green Ammonia, produced using RIL’s integrated New Energy ecosystem.

• Global Impact: One of the world's largest binding long-term Green Ammonia offtake contracts.

Strategic Power Move: From Jamnagar to the World

The Green Ammonia will be produced at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. This project represents a shift from importing energy to exporting clean, value-added green fuels.

1. End-to-End Indigenization: RIL is not just producing the fuel but also manufacturing the critical equipment—Solar modules, Battery Energy Storage Systems (BESS), and Electrolysers—under a "Make-in-India" framework.

2. National Green Hydrogen Mission (NGHM): The deal aligns with India’s goal to become a global green hydrogen hub.

3. Scalable Ecosystem: This is the first of several planned partnerships to scale RIL's green hydrogen and derivatives business.

"This partnership marks an important step in India’s clean-energy journey... helping scale our green hydrogen ecosystem and gigafactories," said Shri Anant Ambani, Executive Director, RIL.

Financial Snapshot: Reliance Industries (FY2025)

About Reliance Industries Limited

RIL is India’s largest private sector company, with consolidated revenue of INR 10,71,174 crore (US$125.3 billion) and net profit of INR 81,309 crore (US$9.5 billion) for FY2025. The company is a global leader in hydrocarbons, petrochemicals, retail, digital services, and new energy initiatives, including mega-scale solar, green hydrogen, and ammonia projects. RIL is ranked 88th in Fortune Global 500 (2025) and 45th in Forbes Global 2000 (2025).

About Samsung C&T Corporation

Founded in 1938, Samsung C&T operates a global network with over 70 offices across 40 countries. It specializes in trading industrial materials and developing renewable energy projects, including solar PV and energy storage solutions, providing integrated business solutions globally.