Reliance Industries Limited (RIL) signs $3 billion green ammonia supply deal with Samsung C&T Corporation

Exam-focused facts from the 19 March 2026 current affairs briefing.

Key facts

Reliance Industries Limited (RIL) has signed a binding 15-year Supply and Purchase Agreement to supply green ammonia to Samsung C&T Corporation starting second half FY2029.
The contract is valued at more than $3 billion and is among the largest binding long-term green ammonia offtake agreements globally.
The deal supports India’s National Green Hydrogen Mission and positions India as a major exporter of green fuels through a domestic clean-energy value chain.
RIL is developing an integrated new energy platform covering renewable power generation, energy storage, green hydrogen production, and downstream green fuels and chemicals.
RIL’s initiative includes domestic manufacturing of solar modules, battery energy storage systems (BESS), and electrolyser systems.