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Premier Energies' subsidiaries receive orders worth Rs 560-crore

Infrastructure  -  Nov 05,2024  - 

Premier Energies announced substantial orders for its subsidiaries, Premier Energies International and Premier Energies Photovoltaic.

The firms secured contracts totaling Rs 560 crore from major Independent Power Producers (IPPs) and other clients.

According to a stock exchange filing, the new orders consist of Rs 513 crore for solar modules and Rs 47 crore for solar cells, with module deliveries scheduled to commence in December 2024.

In the past month, both subsidiaries received and accepted additional orders worth Rs 765 crore, including Rs 632 crore for solar modules and Rs 133 crore for solar cells, with deliveries slated to begin in July 2025.

Founded in April 1995, Premier Energies specialises in manufacturing integrated solar cells and solar panels, offering a diverse product range that includes solar modules, bifacial modules, EPC solutions, and O&M solutions. The company operates five manufacturing facilities in Hyderabad, Telangana.

 

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