Advertisement
Wednesday, Sep 22, 2021
Outlook.com
Outlook.com

Premier Energies to set up Rs 483 Cr Solar Cell facility in Hyderabad

Premier Energies to set up Rs 483 Cr Solar Cell facility in Hyderabad
outlookindia.com
1970-01-01T05:30:00+0530
Hyderabad, Feb 10 (PTI): Premier Energies, a city-based

leading Solar PV Cells and Module manufacturing company, is

setting up a new state-of-the-art facility at E -City here at

an investment of Rs 483 crore.

The Greenfield Project, spread across 25 acres, is slated

to triple Premier Energys current capacity.

The plant will produce 1.5 GW of solar cells and modules

against the current capacity of 500 MW, a company press

release said.

It is expected to be commissioned in the next two months.

Besides working towards reaching their stated objective

of cleaner air and a greener world, the new venture will

position the company amongst the top five solar manufacturing

companies in India.

Chiranjeev Saluja, Founder and Managing Director, Premier

Energies said, "With the expanded capacity, we aim to work

towards Indias commitment of addressing climate change.

Our commitment is to fulfill our goals of a greener

decade while contributing to the Indian power sector.

With increased adoption of automation and robotics, our

new factory will be at par with some of the leading

manufacturing companies in Asia, Europe, and USA, producing

world-class products."

Premier Energies, an independent power producer owns

/operates more than 250 MW solar power plants across the

country. PTI GDK APR

ADMINISTRATOR

APR

ADMINISTRATOR


Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds. Source: PTI

More from Website

Lio Bags Rs 37 Crore In Funding From Sequoia Capital India, Lightspeed India

Lio Bags Rs 37 Crore In Funding From Sequoia Capital India, Lightspeed India

The company plans to use the funds primarily to expand its engineering team and increase the number of users of the mobile application.

How Your Plants Recognise And Respond To Microbe Invasion

How Your Plants Recognise And Respond To Microbe Invasion

The initial defence begins with the detection of invaders at the cell surface, while a second alarm pathway is triggered within the cell

Seven Female Afghan Taekwondo Athletes Find New Home In Australia

Seven Female Afghan Taekwondo Athletes Find New Home In Australia

Australian Taekwondo’s chief executive Heather Garriock in coordination with other authorities worked on the high-risk evacuation of these athletes from Afghanistan.

More from Outlook Magazine

Crouching Tigers

Crouching Tigers

Ghee Bowman brings to light the forgotten story of an Indian force’s role in the Battle of France and their fighting withdrawal through Dunkirk. In this excerpt, individual units arrive in northern France and take their positions, awaiting the Wehrmacht onslaught.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 21 Private Medical Universities

Outlook's annual ranking of India’s top 21 Private Medical Universities in 2021 will help students make an informed choice.

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook-ICARE India’s Top Universities Rankings 2021: Top 15 Government Medical Universities

Outlook's annual ranking of India’s top 15 Government Medical Universities in 2021 will help students make an informed choice.

Advertisement

Outlook Newsletters

Advertisement