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Premier Energies and Nuevosol form JV to manufacture aluminium frames for solar modules

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Premier Energies Limited (PEL) has signed a joint venture agreement with Nuevosol Energy Private Limited to invest in Premier-Green Aluminium Private Limited. The new entity will focus on manufacturing aluminium frames for solar photovoltaic (PV) modules. The joint venture will set up a facility for aluminium foundry and extrusion, targeting high-quality frame production to serve both domestic and captive demand. The manufacturing unit will cater exclusively to the Indian market and feature modern infrastructure. Under…

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Premier Energies forms subsidiary for silicon ingot and wafer manufacturing

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Premier Energies Limited has set up a wholly owned subsidiary, Premier Energies GWC Private Limited, to manufacture and process high-quality silicon ingots and wafers with advanced technologies. The new subsidiary, incorporated on April 20, 2025, will focus on the solar cell segment. It has an authorised share capital of Rs 1 million. The entire paid-up share capital, comprising 1,00,000 equity shares of Rs 10 each, will be held by Premier Energies Limited, making it a…

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Premier Energies secures Rs 12.34 billion solar module supply contracts

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Premier Energies Photovoltaic Private Limited, a wholly-owned subsidiary of Premier Energies Limited (PEL), secured contracts worth Rs 12.34 billion for the supply of solar photovoltaic (PV) modules in India on February 14, 2025. The supply is expected to begin in April 2025. In January 2025, PEL’s subsidiaries—Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited—won contracts worth Rs 1.46 billion for solar module and cell supply in…

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Premier Energies wins Rs 1.46 billion solar contracts

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Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar module and cell supply in India on January 14, 2025. The companies won Rs 10.41 billion for solar modules and Rs 4.19 billion for solar cells. Module supplies are expected to begin in May 2025.

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Premier Energies to invest Rs 52.92 billion in Telangana solar manufacturing facilities

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Premier Energies Limited plans to invest Rs 52.92 billion in manufacturing facilities for solar cells, modules, ingots, silicon wafers, and aluminium extrusions in Telangana. The initiative includes a 4 GW solar photovoltaic (PV) TOPCon cell and 4 GW PV TOPCon module manufacturing plant at Sitarampur, with an investment of Rs 33.42 billion.  Telangana State Industrial Infrastructure Corporation has allocated 75 acres for this project.  Additionally, Premier Energies will invest Rs 17 billion in an ingot…

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Premier Energies subsidiaries secure Rs 10.87 billion solar contracts

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Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs 1.23 billion for solar cells.  Deliveries are expected to commence in January 2025.

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Premier Energies’ subsidiaries receive orders worth Rs 5.6 bn

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Premier Energies International and Premier Energies Photovoltaic, subsidiaries of Premier Energies, have received and accepted multiple orders totalling Rs 5.6 billion.  Two large independent power producers (IPPs) and others have awarded the contracts. These orders comprise Rs 5.13 billion for solar modules and Rs 470 million for solar cells.  The supply of these modules will commence in December 2024 and is expected to conclude by May 2025.