Premier Energies Secures Rs 1700 Cr Solar Module Supply Order From NTPC
Premier Energies, on Tuesday, said that it has secured a 608-megawatt (MW) DCR (Indigenous Solar Cell and Module) Bifacial Solar PV Modules supply order from NTPC, a public sector undertaking owned by the Government of India.
The company said that this 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 nine months.
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.
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 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."
