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 1,700 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.
Premier Energies' Bifacial Solar PV Modules are manufactured at the company's 40-acre facility in Hyderabad and are designed to maximise energy generation and enhance overall project efficiency and output.
With an annual module capacity of 4 GW and a cell capacity of 2 GW, 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."