The deal, valued at more than US$3 billion, is one of the largest binding long-term Green Ammonia off-take agreements globally. “It 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),” Reliance said in a regulatory filing.
Reliance Industries is building a fully integrated New Energy platform that spans renewable energy, energy storage, green hydrogen, and downstream green fuels and chemicals. The platform is supported by in-house manufacturing of key clean energy technologies.
A key focus of RIL’s New Energy strategy is the indigenisation of critical clean energy technologies in India. This includes solar modules, battery energy storage systems (BESS), and electrolyser systems, in line with the Government of India’s vision of strengthening domestic manufacturing and promoting self-reliance.
By bringing these capabilities together within a single ecosystem, RIL aims to offer green energy solutions that are competitive, scalable and reliable for global markets, while also supporting the growth of India’s industrial base.
The agreement with Samsung C&T marks the first in a series of long-term offtake partnerships that will support the expansion of RIL’s New Energy platform.
Anant Ambani, Executive Director at 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.”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, Anant added.
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