Premier Energies to Establish 1 GW Solar Module Facility in Telangana

16 Dec 2024 CW Team

Premier Energies Global Environment (PEGEPL), a subsidiary of Premier Energies, has announced plans to build a 1 GW solar module manufacturing facility in the EMC Maheshwaram industrial zone, Telangana. The facility will be located on leasehold land owned by the Telangana Industrial Infrastructure Corporation (TGIIC). This project is part of Premier Energies' strategy to expand its tunnel oxide passivated contact (TOPCon) module manufacturing capabilities and meet the increasing demand for high-efficiency solar modules. The facility, approved by the company's capex committee and board of directors, is expected to be completed by March 2025. The facility will be situated in one of India's Electronics Manufacturing Clusters (EMC), which are designed to provide infrastructure and common facilities to attract investments in electronics manufacturing. Premier Energies had previously invested Rs 4.83 billion to set up a 1.5 GW plant in Hyderabad to produce advanced monocrystalline passivated emitter and rear cell (monoPERC) technology cells using larger wafers. Additionally, the company’s Rs 28.3 billion initial public offering (IPO) in August 2024 was highly successful, with oversubscription of 74 times. In the same month, Premier Energies entered into a joint venture with Heliene, a North American solar PV module manufacturer, to set up a solar cell manufacturing facility in the U.S. Premier Energies also raised Rs 2 billion in 2021 from GEF Capital Partners, a private equity firm focused on climate investment. According to the sources 2024 report, India added 11.3 GW of solar module and 2 GW of solar cell capacity in the first half of the year, with strong demand contributing to significant solar project pipelines totalling 132.7 GW from 2024 to 2026. As of June 2024, India’s cumulative solar module manufacturing capacity stood at 77.2 GW, while solar cell capacity reached 7.6 GW. (Mercom)

Infrastructure Transport

17 Sep 2025

Gurgaon-Pataudi-Rewari Highway Set for Completion by December 2025

The National Highways Authority of India (NHAI) has set a new target to complete the four-lane Gurgaon-Pataudi-Rewari highway by December 2025, following a two-year delay.Originally planned in 2018 to upgrade the two-lane state highway into a national highway, the project is estimated to cost Rs 9 billion. Construction, which began in 2021, was initially scheduled for completion in November 2023. According to NHAI, around 70 per cent of the work is already complete, with two major structures still pending: a railway overbridge at Pahari village and a two-lane unidirectional flyover on Dwarka E..

UP Plans Rs 900 Million Extensions to Hindon Elevated Road

The Uttar Pradesh state bridge corporation has prepared the detailed project report and cost estimates for two proposed extensions of the 10.3-km Hindon elevated road, officials said on Thursday. The road connects Raj Nagar Extension to UP-Gate near the east Delhi border, and the project is expected to cost around Rs 900 million.The two extensions, each 400 metres long, will be added to the existing elevated road to ensure smoother traffic flow. “One of the extensions will be from near the Kanawani culvert (near Indirapuram) to the elevated road for commuters heading towards Delhi. The other..

Goa Likely to Miss October Deadline for Maritime Master Plan

Goa is expected to miss the October 31 deadline for submitting its maritime and waterways master plan, which covers the state’s 105 km coastline and river network. The delay is due to the project management consultant not yet being appointed. The plan is now anticipated to be completed by December, Captain of Ports Octavio Rodrigues stated at the India Maritime Week 2025 roadshow.“We have already selected the consultant and will bring them on board within a week. Only then can we begin drafting the master plan, which is essential to secure central government funding,” Rodrigues added.A c..