Premier Energies to set up Rs 483 cr new solar facility in Hyderabad

31 Jul 2021 CW Team

Hyderabad-based Premier Energies is set to launch its new manufacturing facility for solar modules and cells at electronic city (E-City) in Hyderabad, built with an investment of Rs 483 crore.

The new greenfield project will elevate the company among the top solar manufacturing players in the country.

Municipal Administration and Urban Development (MAUD) Minister KT Rama Rao inaugurated this new plant on Thursday, July 29, 2021. The new manufacturing unit has a capacity of 750 MW solar cell and 750 MW solar module and will produce metal-catalysed chemical etching (MCCE) textured multi-crystalline cells and modules, monocrystalline cells (mono) passivated emitter, and rear contact (PERC) cells and modules as well as 19.2% efficiency polycrystalline cells and modules.

The ISO-certified manufacturing facility utilises state-of-the-art production systems such as Total Quality Control and Statistical Process Control. This launch of a new venture will improve the availability of the highest quality ‘Made in India’ solar cells aligned to the Atmanirbhar Bharat initiatives.

Surender Pal Singh, founder, and chairman, Premier Energies, said that the plant is a significant milestone in the development of solar technology and will support us lead the change in the power sector in India by switching to cleaner renewable power sources.

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Also read: Premier Energies to invest Rs 1,200 cr to expand capacity to 3 GW

Also read: Hyderabad Airport commissions second phase of 5 MW solar project

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