RIL share price in focus: Firm signs 15-year 'landmark' agreement with Samsung C&T for supply of green ammonia; key details

The SPA, valued at more than US$3 billion, is one of the largest binding long-term green ammonia off-take agreements globally.

The SPA sets a new benchmark in the global energy landscape, with India emerging as an exporter of green fuels produced through an end-to-end value chain anchored in the country, including the domestic manufacturing of critical clean-energy equipment, aligned with India’s National Green Hydrogen Mission (NGHM).

Green ammonia: What is it and why is it important?

Green ammonia is ammonia produced using renewable energy such as solar or wind, instead of fossil fuels. It is made by combining green hydrogen (hydrogen produced using renewable electricity) with nitrogen from the air, making the process largely carbon-free.

Unlike conventional ammonia—which is usually produced using natural gas and releases significant carbon emissions—green ammonia is considered a clean fuel and energy carrier.

Ammonia is a chemical compound made of nitrogen and hydrogen. It is a colourless gas with a strong, pungent smell and is widely used in industry.

Main uses of ammonia

Ammonia is considered important for global agriculture and is also being explored as a future clean fuel and hydrogen carrier.

New energy platform

The company's press release added that RIL is developing a fully integrated New Energy platform spanning renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals, supported by in-house manufacturing of critical clean-energy technologies.

A central pillar of RIL’s new energy ecosystem is the indigenisation of critical clean energy technologies in India, including solar modules, battery energy storage systems (BESS), and electrolyser systems, in line with the Government of India’s vision for self-reliance and domestic manufacturing leadership.

By integrating these capabilities within a single ecosystem, RIL aims to deliver competitive, scalable, and reliable green energy solutions for global markets while strengthening India’s industrial base.

The agreement with Samsung C&T is the first in a series of long-term offtake partnerships supporting the scale-up of RIL’s New Energy platform.

What management said

Anant Ambani, executive director, Reliance Industries Limited, said, "We are proud to partner with Samsung C&T to supply green ammonia that is cost-competitive and reliable. This partnership marks an important step in India’s clean-energy journey."

"RIL’s New Energy initiative aims not only to advance the energy transition but also to build a strong industrial platform for India by integrating India’s renewable resources with the country’s manufacturing leadership, world-class talent, and innovation to produce value-added green fuels and chemicals at scale."

At the heart of this vision is the company's commitment to indigenising the critical technologies of the energy transition – solar, battery energy storage systems, and electrolysers – under a strong Make-in-India framework.

"Partnerships such as this will help scale our green hydrogen ecosystem and gigafactories, while contributing to India’s ambition of becoming a global hub for green hydrogen and its derivatives," Ambani added.

About RIL's energy business

Reliance’s activities span hydrocarbon exploration and production, petroleum refining and marketing; petrochemicals; advanced materials and composites; renewables (solar and hydrogen), retail, digital services, and media and entertainment.

Through its New Energy business, Reliance says it is building one of the world’s most integrated clean energy platforms: a mega-scale solar and storage project in Kutch providing round-the-clock renewable power, feeding integrated green hydrogen and ammonia production at Jamnagar.

This is anchored by the Dhirubhai Ambani Green Energy Giga Complex. Reliance has committed to achieving net carbon zero by 2035.

About Samsung C&T Corporation

Founded in 1938, Samsung C&T Trading & Investment Group operates a global business network with over 70 offices in 40 countries. The company specialises in the trading of key industrial materials, including steel, chemicals, and non-ferrous metals, as well as the development of renewable energy projects such as solar PV/ESS.