BIS Research

03/19/2026 | News release | Distributed by Public on 03/19/2026 03:52

Reliance Signs $3 Billion Green Ammonia Deal with Samsung C&T Boosting India’s Clean Energy Ambitions

Reliance Industries Limited (RIL) has signed a $3 billion long-term agreement with South Korea's Samsung C&T Corporation for the supply of green ammonia, marking one of the largest deals in the global clean fuels space. The 15-year Supply and Purchase Agreement (SPA) is expected to commence deliveries from the second half of FY2029, signaling strong long-term demand for low-carbon fuels.

Green ammonia, produced using renewable energy, is emerging as a key enabler in decarbonizing hard-to-abate sectors such as fertilizers, shipping, and heavy industry. It also plays a crucial role as a carrier for hydrogen, allowing easier storage and transportation across global markets. This deal highlights the increasing commercial viability of green ammonia at scale and the growing global shift toward cleaner alternatives.

As part of its broader strategy, Reliance is developing an integrated new energy ecosystem that includes renewable power generation, green hydrogen production, and downstream fuels such as green ammonia. The company is also investing heavily in manufacturing capabilities across solar modules, battery storage systems, and electrolyzers to support this ecosystem.

Know more about the Green Ammonia Market Report for key trends and opportunities.

The agreement aligns closely with India's National Green Hydrogen Mission, which aims to position the country as a global hub for green hydrogen production and exports. By securing long-term international demand through this deal, Reliance strengthens India's role in the evolving global energy transition.

Industry analysts view this partnership as a benchmark transaction that could catalyze further investments across the green hydrogen and ammonia value chain. It also underscores the importance of strategic international collaborations in scaling up production and ensuring supply chain stability.

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According to company leadership, the deal represents a significant step toward building a globally competitive clean energy business. It not only ensures demand visibility but also accelerates the development of large-scale infrastructure required for green fuel production.

With increasing regulatory pressure and corporate decarbonization targets worldwide, demand for green ammonia is expected to rise significantly over the next decade. Deals like this are likely to shape early market leadership and define trade flows in the emerging hydrogen economy.

Download the complete Table of Contents (TOC) to understand the full scope, segmentation, and analytical coverage of the green ammonia market.

BIS Research published this content on March 19, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on March 19, 2026 at 09:52 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]