Reliance signs 3 billion dollar deal with Samsung C&T

Reliance Industries signed a fifteen-year deal with South Korea's Samsung C&T to supply green ammonia. The agreement is valued at over 3 billion dollars.

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Reliance Industries has finalized a binding long-term agreement with South Korea's Samsung C&T to supply green ammonia for a period of 15 years. The deal, valued at more than $3 billion, represents a major expansion in the renewable energy partnership between the two companies. This strategic move underscores the role of India as a key provider of sustainable energy solutions on the global stage.

A security guard walks past the Reliance Industries logo at the Dhirubhai Ambani Knowledge City in Navi Mumbai on March 15, 2024. REUTERS/Francis Mascarenhas
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