Premier Energies has entered into a joint venture with BA Prerna Renewables to strengthen its presence in the fast-growing renewable energy EPC (engineering, procurement and construction) segment. Through this move, the company aims to offer comprehensive project execution capabilities while accelerating its expansion across India’s clean energy market. In the newly created entity, Premier Energies will hold a majority 51% stake, while the remaining equity will be owned by its partner.
Delivering End-to-End Renewable EPC Solution
Operating under the name HeliosAnthos Energies, the joint venture will provide end-to-end EPC services across the renewable energy value chain. Specifically, it will handle:
*Land acquisition
*Transmission connectivity
*Statutory and regulatory approvals
*Detailed engineering
*Procurement
*Installation and commissioning
By integrating these services, the JV aims to streamline project development, reduce execution risks, and shorten timelines for solar and storage projects.
Strategic Advantage in Land and Grid Connectivity
Chiranjeev Saluja, MD & CEO, Premier Energies, highlighted, “The JV will strengthen our EPC capabilities and expand our footprint across the renewable energy sector, as our partner brings strong expertise in securing land and transmission connectivity”. Transmission access remains a crucial factor for the success of solar and energy storage infrastructure, especially as India accelerates its transition toward higher renewable capacity. The partnership is therefore expected to address one of the sector’s key bottlenecks.
Strengthening Manufacturing Backbone
Alongside its EPC push, Premier Energies continues to scale its solar manufacturing operations. The Hyderabad-based company currently operates:
*5.5 GW solar module manufacturing capacity
*3.6 GW solar cell capacity
*Facilities located in Telangana
Furthermore, the company plans to more than double its annual production capacity, expanding to:
*10.6 GW solar cells
*11.1 GW modules
The expansion will strengthen backward integration and support rising domestic demand.
₹11,000 Crore Investment to Drive Growth
To support its growth strategy, Premier Energies has outlined an investment plan exceeding ₹11,000 crore. The capital will fund:
*Solar cell and module capacity expansion
*Entry into new product segments such as inverters, batteries, and transformers
By diversifying into these adjacent technologies, the company aims to build a fully integrated renewable energy ecosystem.
Positioning for India’s Energy Transition
Overall, the joint venture marks a strategic step in Premier Energies’ evolution from a manufacturing-focused player to a full-spectrum renewable energy solutions provider. As reported by msn.com, by combining large-scale production capacity with EPC expertise, the company is positioning itself to capture opportunities across India’s rapidly expanding solar and clean energy infrastructure landscape.
