Premier Energies Bags Orders for Solar PV Cells and Modules Worth INR 765 Crore
Solar PV cells and modules manufacturer Premier Energies has received orders worth INR 632 crore for solar modules and INR 133 crore for solar cells from multiple parties.
October 14, 2024. By Mrinmoy Dey
“Premier Energies International Pvt. Ltd. and Premier Energies Photovoltaic Pvt. Ltd., both subsidiaries of Premier Energies Ltd., have received and accepted multiple orders from various customers amounting to a total value of INR 765 crore. These orders comprise INR 632 crore for solar modules and INR 133 crore for solar cells,” informed the company in a regulatory filing.
It further informed that the supply of these modules is scheduled to commence in July 2025.
Established in 1995, Premier Energies is a manufacturer of solar cells and modules, with its core operations centred around the production of Solar PV cells, specifically bifacial monocrystalline PERC cells using the M10 wafer size in a 182mm x 182mm format which could be assembled into solar modules.
The company also produces solar modules including monocrystalline PERC and TOPCon. These modules are available in different cell sizes, quantities, power outputs, and configurations – both monofacial and bifacial. Additionally, the company also engages in the sale of customisable and ad-hoc solar products besides offering EPC and O&M Solutions.
Premier Energies operates five manufacturing facilities – all located in Hyderabad. As of financial year 2023-24, the company reported revenue from operations of INR 3,143 crore, up from INR 1,428 crore in the previous fiscal year. The company was listed on BSE and NSE last month.
please contact: contact@energetica-india.net.
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