Premier Energies, India’s second largest integrated solar cell and module manufacturer based in Hyderabad, has announced that a joint venture of its arm Premier Solar Powertech and Amara Raja Infra has secured a $130 million order in Bangladesh.
The JV bagged this project from Rural Power Co. Ltd (RPCL) in Bangladesh. The project will be funded by the EXIM Bank of India.
“The project spans 326 acres at Madarganj in the Jamalpur district and will be completed in the next 18 months,” stated Premier Energies. “The scope of the contract consists of engineering, design, supply, installation, and commissioning of a 100 MW (AC) solar PV power plant.”
Premier Energies will provide technical support and supply 140 MWp of high-efficiency solar panels to the project.
Premier Energies has been ranked as a ‘Top performer’ in PV Evolution Labs’ 2023 PV module reliability scorecard. The company’s state-of-the-art facility in Hyderabad has a production capacity of 2 GW solar cells and 3 GW solar modules, with another 1.6 GW under construction.
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