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

28 Jul 2021 CW Team

The company is also planning to invest Rs 500 crore in four months to add another 1 GW and invest Rs 500 crore in the next financial year (FY).

The founder and Managing Director of Premier Energies, Chiranjeev Saluja, said that the 3 GW capacity would be 1.25 GW from modules and 1.75 GW from solar cells.

It even plans to invest another Rs 1,000 to Rs 1,200 crore over the next two years, he said.

Currently, the company's yearly manufacturing capacity is 1.25 GW modules and 0.75 GW solar cells.

According to a statement, Premier Energies is among India's leading solar PV cells and module manufacturers, and it is to launch its state-of-the-art facility at Hyderabad E-city.

Investment of Rs 483 crore in the new facility will help the company to rank among the top five solar manufacturing companies in India.

The inauguration of the new project by K T Rama Rao, the Ministry of Municipal Administration and Urban Development of Telangana, is set for July 29.

The manufacturing centre is a greenfield project with 750 MW solar cells and 750 MW modules. It would produce MCCE-textured multi-crystalline solar cells and modules, mono PERC solar cells and modules, and 19.2% efficiency polycrystalline solar cells and modules.

The manufacturing facility will produce the latest technology products by using monocrystalline PERC technology. It can increase its wafer size to 182 mm and 210 mm.

The facility is ISO 9001/ ISO 14001 certified and uses state-of-the-art production systems like total quality control (TQC) and statistical process control (SPC).

It will increase the availability of high-quality solar cells, which are made in India to align with the government's initiatives of Atmanirbhar Bharat.

Image Source

Also read: KELTRON invites bids to supply multi-crystalline solar modules

Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Premier Energies, a solar equipment manufacturing firm of India, plans to make an investment of about Rs 1,200 crore in two years to expand its annual solar cells and module manufacturing capacity to 3 GW. The company is also planning to invest Rs 500 crore in four months to add another 1 GW and invest Rs 500 crore in the next financial year (FY). The founder and Managing Director of Premier Energies, Chiranjeev Saluja, said that the 3 GW capacity would be 1.25 GW from modules and 1.75 GW from solar cells. It even plans to invest another Rs 1,000 to Rs 1,200 crore over the next two years, he said. Currently, the company's yearly manufacturing capacity is 1.25 GW modules and 0.75 GW solar cells. According to a statement, Premier Energies is among India's leading solar PV cells and module manufacturers, and it is to launch its state-of-the-art facility at Hyderabad E-city. Investment of Rs 483 crore in the new facility will help the company to rank among the top five solar manufacturing companies in India. The inauguration of the new project by K T Rama Rao, the Ministry of Municipal Administration and Urban Development of Telangana, is set for July 29. The manufacturing centre is a greenfield project with 750 MW solar cells and 750 MW modules. It would produce MCCE-textured multi-crystalline solar cells and modules, mono PERC solar cells and modules, and 19.2% efficiency polycrystalline solar cells and modules. The manufacturing facility will produce the latest technology products by using monocrystalline PERC technology. It can increase its wafer size to 182 mm and 210 mm. The facility is ISO 9001/ ISO 14001 certified and uses state-of-the-art production systems like total quality control (TQC) and statistical process control (SPC). It will increase the availability of high-quality solar cells, which are made in India to align with the government's initiatives of Atmanirbhar Bharat. Image Source Also read: KELTRON invites bids to supply multi-crystalline solar modules Also read: US-based 1366 Technologies to invest $300 mn for solar module in India

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..