Premier Energies Forms JV With BA Prerna To Expand EPC Footprint

Premier Energies Limited has formed a strategic joint venture with BA Prerna Renewables Private Limited to expand its engineering, procurement and construction footprint in India's renewable energy sector. The joint venture will operate through HeliosAnthos Energies Private Limited, a newly incorporated company in which Premier Energies holds 51 per cent equity and BA Prerna holds 49 per cent, and it is intended to pursue a wide range of renewable infrastructure contracts.

HeliosAnthos Energies is expected to undertake EPC contracts covering utility scale solar farms, wind power projects and standalone battery and solar-wind-battery hybrid installations across multiple states. The company will provide end to end EPC solutions that encompass land acquisition and transmission connectivity, management of statutory approvals, detailed engineering and design, procurement of equipment and materials, and the installation and commissioning of complete systems. The scope is designed to address both project development challenges and complex execution requirements.

The transaction aligns with Premier Energies' strategy to strengthen downstream capabilities and to complement its integrated manufacturing strengths with enhanced execution capacity across the renewable energy value chain. BA Prerna is expected to contribute specialised experience in securing suitable land parcels and establishing transmission connections, which are critical for timely project realisation. The partnership aims to reduce development timelines and to improve the bankability of projects through coordinated delivery.

In the current policy and market environment, partnerships that combine manufacturing, development and execution expertise are likely to accelerate deployment of renewable generation and storage assets. The joint venture structure, with a clear allocation of equity and roles, positions HeliosAnthos to compete for both large scale utility projects and distributed energy contracts that require integrated solutions. Observers anticipate that the move will enhance capacity to meet delivery commitments and support India's broader transition to cleaner energy.

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