KO
Samsung C&T Trading & Investment Group (hereinafter “Samsung C&T”) has signed a long-term green ammonia Sales and Purchase Agreement (SPA) worth 3 billion dollars with Reliance Industries Limited (hereinafter “Reliance”).
Under the agreement, Samsung C&T will secure a stable supply of green ammonia from Reliance for 15 years starting in 2028. According to Reliance’s disclosure on March 16, this agreement represents the largest global long-term green ammonia supply contract the company has signed to date.
Through this agreement, Samsung C&T will be able to respond more effectively to the growing demand for green ammonia in Korea and overseas, while establishing a stronger foundation for expanding its hydrogen trading business. The deal is also expected to contribute to building a stable hydrogen supply chain in response to increasing demand for power generation.
Meanwhile, Reliance, one of India’s leading multinational conglomerates, is building an integrated clean energy platform as part of its strategy to achieve net-zero emissions and transition into a major energy exporter. The company is also actively advancing its green hydrogen and ammonia production and supply businesses.
Samsung C&T will continue to strengthen collaboration with global partners across the clean hydrogen value chain – from production to distribution and supply – in order to expand its hydrogen business. Through these efforts, the company aims to contribute to stabilizing the hydrogen supply chain and advancing the hydrogen industry.
