Premier Energies Forms JV With BA Prerna To Expand EPC Footprint

16 Feb 2026 CW Team

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.

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.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..