Premier Energies Secures 140 MW PV Modules Order In Bangladesh

POWERGRID To Evacuate 18 GW Power From Gujarat, Rajasthan Plants

Premier Energies subsidiary Premier Energies Photovoltaic has secured a 140 MW PV modules supply order from Amara Raja Infra for a solar project in Bangladesh. The project is being executed on an EPC basis by Hyderabad-based Amara Raja Infra. The module supply is expected to be completed by April 2025.

Premier Energies has witnessed a journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12, and Multi-Busbar cells. The company, along with its subsidiaries, has an annual installed capacity of 2 GW solar cells and 3.36 GW solar modules, with 1 GW solar cell capacity and 1 GW module capacity under construction.

In an interview with Saur Energy, Surender Pal Singh, Chairman of Premier Energies said We have drawn up a five-year plan for the Premier Group. In the next five years, we will look ahead at almost 16 gigawatts of solar modules, 8 gigawatts of cells, 4 gigawatts of wafers, and 4 gigawatts of ingot. We are already planning wafer and ingot in the year 2024-2025 itself. But in the next five years, we would be close to 16 GW of module line and cell, wafer, and ingot capacity as well.

According to a media report, Bangladesh’s Cabinet Committee on Government Purchase (CCGP) approved tariffs for seven solar power plants totaling 630 MW in December. Approvals were granted for 200 MW in November, 310 MW in October, 570 MW in September, 300 MW in August, 66 MW in April, and 120 MW in January 2023. Most of these projects secured a fixed tariff of around $0.10/kWh.

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