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  3. Premier Energies Limited along with its subsidiaries secures a 350 MW solar module supply order
Business

Premier Energies Limited along with its subsidiaries secures a 350 MW solar module supply order

 Premier Energies Limited along with its subsidiaries secures a 350 MW solar module supply order

Hyderabad, July 08, 2024 – Premier Energies Limited (“PEL”), one of India’s leading integrated solar cell and solar module manufacturer with an annual installed capacity of 2 Gigawatts for cells and 3.36 Gigawatts for modules as of March 31, 2024*, announced the signing of a 350 MW module supply agreement between PEL, its subsidiaries, Premier Energies International Private Limited and Premier Energies Photovoltaic Private Limited with Apraava Energy, an integrated energy solutions provider. This agreement marks the first collaboration between Premier Energies and Apraava Energy, aimed at advancing renewable energy projects in India.

The supply agreement will see Premier Energies International Private Limited provide solar PV modules to Apraava Energy’s solar project in Rajasthan. These modules aim to ensure performance, energy output and reliability.

Chiranjeev Singh Saluja, Managing Director of Premier Energies Limited, said, “We are thrilled to enter into this significant inaugural partnership with Apraava Energy. This agreement not only highlights our commitment to delivering cutting-edge solar solutions but also represents a pivotal step in our mission to support India’s renewable energy goals. We believe that the modules supply for this project will play a crucial role in enhancing the efficiency and output of Apraava Energy’s initiatives in Rajasthan, contributing to India’s broader clean energy vision.”

Naveen Munjal, Director–Business Development & Commercial, Apraava Energy, said, “We are happy to partner with Premier Energies for procuring high-efficiency solar modules for our latest greenfield solar project in Rajasthan. This partnership underscores our commitment to strengthening India’s renewable energy ecosystem by sourcing domestically manufactured modules and setting up a utility-scale solar plant that will play a significant role in helping the country achieve its renewable energy targets. We look forward to Premier Energies’ support in ensuring timely and efficient execution of the project.”

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