Premier Energies secures Rs 1460 crore orders for solar modules and cells

Premier Energies Limited, along with its subsidiaries – Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited – has secured significant orders valued at INR 1460 Crore. These orders, awarded by two large Independent Power Producers (IPP) and other entities, include INR 1041 Crore for Solar Modules and INR 419 Crore for Solar Cells.

The supply of these solar modules and cells is set to begin in May 2025. These agreements mark a major milestone for Premier Energies, reinforcing its position in the renewable energy sector.

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Key Highlights:

  • Entities Involved: The orders have been awarded by multiple large IPP customers.
  • Order Type: The orders are classified as one-time contracts.
  • Nature of the Products: The orders include Solar Photovoltaic (PV) Cells and Modules, which are integral components in solar power installations.
  • Commencement Date: The supply of solar modules is scheduled to begin in May 2025.
  • Commercial Consideration: The total value of the orders stands at a remarkable INR 1460 Crores, with INR 1041 Crore for Solar Modules and INR 419 Crore for Solar Cells.