MARKET STRUCTURE · INDIA
Reliance signs $3B green ammonia deal
Change
Reliance Industries signed a binding 15-year Supply and Purchase Agreement to supply green ammonia to Samsung C&T, valued at more than $3 billion and commencing in the second half of FY2029.
Why it matters
Reliance Industries executed a binding Supply and Purchase Agreement to deliver green ammonia to Samsung C&T. The SPA covers a 15-year delivery period beginning in the second half of FY2029. The contract is valued at more than $3 billion. The agreement is described as among the largest binding long-term green ammonia offtake agreements and aligns with the National Green Hydrogen Mission.
Implications
- • Reduces the volume of green ammonia available for other buyers during the 15-year contract.
- • Requires multi-year production allocation and scheduling by Reliance's supply-chain teams.
- • Demands sustained export logistics and shipping capacity for ammonia deliveries.
- • Creates a multi-year revenue and contract administration workload for commercial and finance teams.
Who is affected
- • Reliance supply-chain and production planners
- • Samsung C&T procurement and offtake managers
- • Export logistics and shipping operators
- • Project finance and commercial contract teams
What to watch
- • Supply commencement in the second half of FY2029
Source
Topics
Business & Markets Supply Chain & Logistics Energy & Power Energy Transition Hydrogen