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Premier Energies Limited ( (IN:PREMIERENE) ) has provided an update.
Premier Energies Limited has secured contracts worth USD 19.95 million to supply and install solar power systems in Benin, West Africa. The project includes the installation of 750 rooftop solar systems, over 4,400 solar streetlights, and 650 solar water heaters at key community facilities. This initiative, part of a national effort by the Government of Benin, aims to expand access to sustainable energy, enhancing community safety and infrastructure. The project is financed by the Export-Import Bank of India and the ECOWAS Bank for Investment and Development, highlighting Premier Energies’ operational capability and competitiveness in the global market.
More about Premier Energies Limited
Premier Energies Limited is a publicly listed company and one of India’s largest vertically integrated solar cell and module manufacturers. With over 30 years of industry leadership, the company is renowned for innovation, quality, and sustainability, maintaining a strong commitment to environmental stewardship and global development, particularly in emerging markets.
Average Trading Volume: 71,149
Technical Sentiment Signal: Strong Sell
Current Market Cap: 464.2B INR
For a thorough assessment of PREMIERENE stock, go to TipRanks’ Stock Analysis page.