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March 17,2026

Reliance Signs $3 Billion to Green Ammonia Deal with Samsung C&T

Reliance Industries has signed a $3 billion agreement with Samsung C&T to supply green ammonia over 15 years, starting from FY2029. The deal, among the largest globally, supports rising demand for low-carbon fuels in Asia. It aligns with Reliance’s strategy to build a clean energy ecosystem, including hydrogen, solar, and storage, as it expands beyond traditional oil and chemicals into renewable energy sectors.

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