In a significant step toward a cleaner and more sustainable future, Reliance Industries (RIL) has signed a landmark long-term Supply and Purchase Agreement (SPA) with Samsung C&T Corporation. The deal, valued at over $3 billion, involves the supply of green ammonia over a 15-year period starting in the second half of FY2029. Notably, this is one of the largest binding green ammonia off-take agreements globally—placing India firmly on the global clean energy map.
Credits: Reuters
Why Green Ammonia Matters
Green ammonia is fast emerging as a key solution in the global decarbonisation race. Produced using green hydrogen derived from renewable energy sources, it offers a cleaner alternative for industries that are otherwise difficult to electrify—such as shipping, power generation, and fertilisers.
With countries racing to meet net-zero targets, demand for green fuels is expected to surge. This agreement positions RIL as an early mover in a market that is still in its infancy but holds immense long-term potential.
India Steps Up as a Green Energy Exporter
This deal is not just about corporate growth—it signals India’s rising ambition to become a global hub for green fuel exports. Backed by initiatives like the National Green Hydrogen Mission, the country is building the foundation for a robust green hydrogen ecosystem.
RIL’s agreement with Samsung C&T showcases how India can leverage its abundant renewable energy resources, skilled workforce, and manufacturing capabilities to serve international markets. It marks a shift in India’s energy narrative—from a net importer of fossil fuels to a future exporter of sustainable energy.
Building an Integrated Energy Ecosystem
At the heart of this development lies RIL’s ambitious New Energy platform. The company is building a fully integrated ecosystem that spans renewable power generation, energy storage, green hydrogen production, and downstream green fuels like ammonia.
What sets RIL apart is its focus on end-to-end integration. Instead of relying on external suppliers, the company is investing in domestic manufacturing of critical clean-energy technologies, including:
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Solar modules
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Battery Energy Storage Systems (BESS)
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Electrolysers
This integrated approach not only ensures cost competitiveness but also enhances scalability and reliability—key factors in winning global energy contracts.
Make in India, For the World
A central pillar of RIL’s strategy is the indigenisation of clean-energy technologies. By aligning with India’s “Make in India” vision, the company aims to reduce dependency on imports while building a strong domestic manufacturing base.
This has far-reaching implications. Beyond energy, it can boost job creation, strengthen supply chains, and position India as a global manufacturing leader in next-generation technologies.
Strategic Partnership with Long-Term Impact
The collaboration with Samsung C&T is more than just a buyer-seller relationship—it provides long-term demand visibility, which is crucial for scaling up large infrastructure projects.
Commenting on the development, Anant Ambani emphasized that the partnership is a major step in advancing India’s clean energy journey. He highlighted that such agreements will help scale RIL’s green hydrogen ecosystem and support the growth of its upcoming gigafactories.
The Beginning of a Bigger Play
Importantly, RIL has indicated that this is just the first in a series of long-term offtake partnerships. As the company ramps up its New Energy platform, more such deals are expected to follow, creating a strong pipeline of global customers.
This strategy not only de-risks investments but also accelerates the commercialization of green energy solutions at scale.
Credits: Logistics Outlook
A Turning Point for the Energy Transition
The RIL–Samsung C&T agreement reflects a broader global shift toward sustainable energy. As industries and nations seek cleaner alternatives, large-scale partnerships like this will play a pivotal role in shaping the future energy landscape.
For India, this is a defining moment. With strong policy support, corporate ambition, and growing global demand, the country is well on its way to becoming a powerhouse in the green energy revolution.
