In Short : Premier Energies secures a significant Rs 1,700-crore contract for supplying solar modules to NTPC. This substantial order reflects the growing emphasis on renewable energy in India and the pivotal role of private players in contributing to the country’s solar power ambitions.
In Detail : Premier Energies will supply 608 megawatt of DCR (indigenous cell and module) Bifacial Solar PV Modules
Premier Energies, India’s second largest integrated solar cell and module manufacturer, has been awarded a 608-megawatt (MW) DCR (Indigenous Solar Cell and Module) Bifacial Solar PV Modules supply order from NTPC Limited, a public sector undertaking owned by the Government of India. NTPC is India’s largest power utility with an installed capacity of 73,824 MW (including JVs), with plans to become a 130 GW company by 2032.
The order, valued at approximately Rs. 1700 crore is for supplying Bifacial solar PV modules for NTPC’s Nokh Solar PV Project in Rajasthan. The supply is expected to be completed in a span of 9 months.
Premier Energies’ Bifacial Solar PV Modules are manufactured at the Company’s 40 acre state-of-the-art facility in Hyderabad and are designed to maximize energy generation and enhance overall project efficiency and output.
With an annual module capacity of 4GW (& cell capacity of 2GW) the company is dedicated to developing world class indigenous solar cells and modules and to significantly contributing towards the ‘Make in India’ manufacturing initiative. 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.”