EXIM Bank funded project to be completed in 18 months
Hyderabad-based Premier Energies says its subsidiary has bagged US$130 million order from Rural Power Company Ltd (RPCL) in Bangladesh for Engineering, Design, Supply, Installation and Commissioning of a 100 MW (AC) Solar PV Power Plant on a 326-acre site at Madarganj in Jamalpur District.
Premier Solar Powertech, a 100% subsidiary of Premier Energies Ltd, will provide technical support and supply 140 Mwp of High Efficiency Solar Panels to the project, funded by EXIM Bank of India and to be completed in the next 18 months.
Premier Solar Powertech Director Sudhir Reddy said on 28 June 2023, “This prestigious order solidifies our position as a frontrunner in the renewable energy sector. With our engineering and technical expertise, the company has garnered a reputation for excellence, setting new industry standards.”
“Our commitment to innovation, sustainability, and customer satisfaction has not gone unnoticed, and it is this reputation that has earned us the trust of our valued clients,” added Chiranjeev Saluja, Managing Director of Premier Energies Ltd.
“This achievement is a testament to our integrated capability in providing Solar solutions across the spectrum of Cells, Modules and EPC services of our products and the exceptional talent within our organization.”
Premier Energies’ state-of-the-art facility in Hyderabad has a production capacity of 2 GW solar cells and 3 GW solar modules, expanding rapidly, with 1.6 GW under construction. Fiinews.com
