Premier Energies subsidiaries secures major solar orders worth Rs 560 crores

Premier Energies Limited has announced a significant achievement in the renewable energy sector. The company’s subsidiaries, Premier Energies International Private Ltd. and Premier Energies Photovoltaic Private Ltd., have successfully secured multiple orders worth Rs 560 crores from 2 Domestic IPP customers.

The recent orders include a substantial allocation of INR 513 Crores designated for solar modules and INR 47 Crores for solar cells.

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Key Highlights:

  • Total Order Value: INR 560 Crores
  • Size of the Orde: INR 513 Crores for Solar Modules and INR 47 Crores for Solar Cells
  • Order Awarded By: Two Domestic Independent Power Producers (IPPs)
  • Commencement of Supply: December 2024
  • Completion of Supply: May 2025

The recent orders awarded to Premier Energies underscore the increasing shift towards renewable energy solutions in India.