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Samsung joins Reliance in massive $3 billion bet on green hydrogen in India

By:Yash
16 March 2026 at 21:28

Reliance and Samsung C&T have just signed a $3 billion deal to make India the next green hydrogen superpower.

The press release calls it “one of the largest binding long-term Green Ammonia off-take agreements globally.”

The fact that Samsung surfaced quietly, signed a binding contract, and didn’t blink at a 2029 start date tells you the South Korean conglomerate sees this as strategic, not speculative.

Reliance has built its green ammonia strategy around a massive integrated energy hub in Jamnagar that will include manufacturing for electrolysers, batteries, and other clean-energy technologies.

Anant Ambani, Reliance’s executive director, said the company is committing to “indigenising the critical technologies of the energy transition” under a Make-in-India framework.

By 2032, Reliance intends to produce up to three million tonnes of green hydrogen, which is 60% of India’s 2030 national target.

The deal positions India as an emerging exporter of green fuels. India has never been in this conversation before, and now it is selling a product that doesn’t even exist yet to one of Asia’s industrial giants.

Samsung C&T runs a wide trading and investment arm focused on energy, metals, and chemicals. They could resell it, feed it into manufacturing chains, or just stockpile it.

The post Samsung joins Reliance in massive $3 billion bet on green hydrogen in India appeared first on Sammy Fans.

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