COMPANIES
Reliance & Samsung C&T Ink $3 Billion Green Ammonia Pact, Advancing India's Clean Energy Goals
In a significant move towards sustainable energy, Reliance Industries Ltd. has partnered with Samsung C&T in a deal valued at approximately $3 billion. The collaboration aims to establish high-capacity green ammonia production facilities, leveraging Reliance's renewable energy infrastructure. Green ammonia is considered a key fuel for the future, particularly in decarbonizing the shipping and fertilizer industries. This partnership aligns with India's National Green Hydrogen Mission and positions Reliance as a global leader in the new energy landscape.