Premier Energies Secures Rs 1,700 Crore Order From NTPC
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The supply of bifacial solar photovoltaic modules is to be completed in a span of nine months
remier Energies has obtained a significant order from NTPC for 608 MW of Bifacial Solar Photovoltaic (PV) modules, valued at around Rs 1,700 crore. An official statement from NTPC confirmed that the contract is related to the company’s Nokh solar PV plant, which is located in Rajasthan. It is projected that the scheduled supply will be completed in a short time—nine months.
Premier Energies continues to be persistent in its goal to develop top-tier domestic solar cells and modules, with an annual module capacity of 4GW. The Bifacial Solar PV Modules are manufactured at the company’s 40-acre facility in Hyderabad and are designed to maximize energy generation and enhance overall project efficiency and output.
Chiranjeev Saluja, Managing Director of Premier Energies Ltd, said, “Our collaboration with NTPC is a significant milestone. As a solar pioneer, our journey over the years echoes the story of precision in product quality, consistent performance and the rock-solid reliability ingrained within our Solar PV Modules. Anchored by our commitment to innovation, sustainability, and exceeding customer expectations, we take pride in amplifying India’s leadership role in revolutionizing the global renewable energy landscape.”
The company’s noteworthy contribution is in perfect harmony with the overall goals of the ‘Make in India’ campaign. This acquisition highlights the expanding importance of solar energy solutions in India’s sustainable development landscape, underscoring the sector’s ongoing momentum and strategic alliances.