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Premier Energies Limited ( (IN:PREMIERENE) ) just unveiled an announcement.
Premier Energies Limited has announced an update on its joint venture with Nuevosol Energy Private Limited, forming the JV Company, Premier-Green Aluminium Private Limited. Premier Energies now holds 80% of the equity share capital in the JV, with plans to raise approximately Rs. 60 crores in additional capital to support the project’s implementation, which could enhance its industry positioning and operational capacity.
More about Premier Energies Limited
Premier Energies Limited operates in the renewable energy sector, focusing on the production and development of solar photovoltaic modules. The company is involved in the extrusion of aluminium frames for these modules, indicating a market focus on sustainable energy solutions.
Average Trading Volume: 90,736
Technical Sentiment Signal: Strong Sell
Current Market Cap: 444.4B INR
Find detailed analytics on PREMIERENE stock on TipRanks’ Stock Analysis page.