Premier Energies Ltd, has secured a ₹215 crore contract from the Uttar Pradesh Department of Agriculture to supply, install, and commission 8,085 solar water pumping systems across various districts in the state. The project, part of the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) Scheme, is scheduled for completion by March 2025 and includes a comprehensive five-year warranty.
The PM-KUSUM initiative aims to enhance energy security for farmers while contributing to India’s goal of increasing its reliance on renewable energy sources. This project supports the country’s broader target of generating 40% of its power from non-fossil fuel sources by 2030, aligning with India’s commitments under the Paris Agreement.
Premier Energies, which has over 29 years of experience in the solar industry, operates five manufacturing facilities with an annual capacity of 2GW for solar cells and 4.13GW for solar modules. In FY24, the company reported revenue of ₹3,143 crore, marking a significant rise from ₹1,428 crore in the previous fiscal year.
Premier Energies is a leading renewable energy company in India, specializing in the production of solar photovoltaic (PV) cells and modules. With over two decades of experience, the company has established itself as a key player in the solar energy sector, contributing significantly to India’s clean energy goals. Premier Energies operates state-of-the-art manufacturing facilities that produce high-efficiency solar products, catering to both domestic and international markets.
The company is committed to sustainability and innovation, driving growth in solar power generation and supporting the country’s transition towards renewable energy sources. Through its focus on quality, reliability, and environmental responsibility, Premier Energies continues to play a vital role in advancing solar energy adoption in India.
