Premier Solar’s Solar Facility To Be Inaugurated On July 29
July 29, 2017
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Premier Solar sets up state – of – the – artfully automatic 200 MW Solar Module Manufacturing facility & forays into Eco – friendly solar powered Hybrid e – vehicles segment!

Hon’ble Minister Shri K. T. Rama Rao, to inaugurate the Manufacturing Plant & Hon’ble Minister Shri Harish Rao will launch the e- vehicles on Saturday, July 29th, 2017 at Annaram Village, Sanga Reddy District.

Premier Solar– a fully integrated end to end solar solution provider having interest in Manufacturing of Solar Cells and Modules, System Integration as a solar EPC provider and Independent Power Generation, announcedthe setting up of 200 MW automated solar module manufacturing facility in Sanga Reddy district of Telangana and its foray into value added innovative solar products, at a press conference on Wednesday. Mr.Surender Pal Singh, Chairman; Mr Chiranjeev Singh Saluja, Managing Director; Mr.Bipindeep Singh Saluja, Executive Director; Mr KarthikPolsani, Executive Director, Mr.SudhirMoola, Executive Director and Mr Vishnu Hazari, CEO at Premier Solar briefing media said, Shri K. T. Rama Rao, Hon’ble Minister of IT, MAUD, Government of Telangana will be formally inaugurating the Fully Automatic 200 MW Module manufacturing Plantand and Shri Harish Rao, Hon’ble Minister of Irrigation, Marketing & Legislative Affairs will grace the occasion by launching the solar powered e-vehicles on Saturday, July 29th 2017 at Annaram Village, Sanga Reddy District.

Premier Solar is expanding its manufacturing capacity by adding a state-of-the-art fully automatic 200 MW solar module manufacturing facility and with this expansion, the cumulative manufacturing capacity stands at 375 MW for modules and 50 MW for Solar Cell. This initiative propels Premier Solar to the top league of solar module makers and now will rank the company amongst the five leading manufacturers in the country. This facility has created jobs for over 500 people, both direct and indirect.

This round of expansion will give a major impetus to our growth and we see Premier Solar manifesting into a key player in this sunrise industry. The ambitious target of 100 GW by 2022 set by the Government for solar power generation will involve commissioning of projects across the length and breadth of the country and that’s a tremendous opportunity for us, says Mr. Surender Pal Singh.

Premier Solar is also leveraging its expertise in the domain of solar energy by launching innovative and eco-friendly solar powered Hybrid e-vehicles. These vehicles will be in the form of Solar e-Rickshaws, Solar Cycle Rickshaws, Solar e-Bikes and Solar Bicycles. The Company will initially market its brand of e-vehicles in Telangana and Andhra Pradesh and will expand its reach nationally in due course.

The Solar Cycle Rickshaw developed by Premier Solar is designed to be commercially viable, with low maintenance and can run 25-30kms on a clear sunny day without any conventional charging for batteries. It is light weight with proven crystalline technology, alternatively pedal assisted with optional electrical charging.

According to Mr. Chiranjeev Singh Saluja, being a leading provider of solar solutions for over 22 years, Premier will continue to invest in innovation and is currently building a one of its kind 20 MW canal bank & canal top project in Uttarakhand. Premier has a project pipeline of over 100 MW in power plants and rooftop solar. Premier is planning to to expand the cell manufacturing line and build a 1 GW solar cell plant and expects to commission the first phase of 250 MW by September 2018 through an international joint venture.

Shri Harish Rao, Hon’ble Minister of Irrigation, Marketing & Legislative Affairs will inaugurate the children’s park and distribute 24 special cycle rickshaws to the differently abled residents of Jinnaram Mandalas part of Premier’s CSR Initiative.

About Premier Solar

Over two decade old Premier Solar, is promoted by technocrats with deep technical expertise and business experience in solar. Premier is in the business of manufacturing of Solar Cells & Modules, Solar EPC, Solar Water Pumps, Solar E-Vehicles, Solar based microgrids and an Independent Power Producer. Premier’s modules have been used in over 22 countries across the world and currently having interest in 125 MW of solar power plants across India. Premier has installed over 10,000 water pumps for agriculture and drinking water across 9 states in India. It has establishedan additional state-of-the-art fully automatic 200 MW solar module manufacturing facility at Hyderabad and boasts of a strong R&D team to constantly innovate and design products. Premier Solar, has electrified 200+ remote, inaccessible habitants, tandas in the state of Telangana, Andhra, UP, Rajasthan and the project was recognized and awarded the International Project of the year by Renewable Energy World USA 2013.

The Company has established a niche for itself in the Solar Industry with several value additions and its Solar panels come with a guarantee of 25 years on output performance. Premier Solar earned the prestigious certificate of quality IEC 61215 Ed 2 from TUV, Germany, ISO 9001-2008 from TUV SUD Germany and ISO 14001:2004 from BMQR. It has the distinction of attaining 100% growth rate for the last 5 years while winning laurels through National Awards and International awards for Excellence in Performance, Entrepreneurship and Exports

Priyadarshan

Priyadarshan Bhatewara, CFA

Chief Financial Officer

He has 15 years of experience in Corporate Finance, Project Finance, Project Management, Business Development, and Financial Analysis of Climate Change Projects. He has worked in Hydro Power, Thermal Power, Wind Power and Solar Power projects. He has expertise in closing Investment deals, Management Information systems, Data Analysis, Financial Modelling. He has worked with companies like Azure Power, ReNew Power, Asian Development Bank, Rattan India, SNC Lavalin and Mott MacDonald. Priyadarshan has been awarded Zee Yuva Award (2017) for best practises in water conservation, Water Crusader Award (2017) by Hindustan Unilever and Energy Conservation Award (2016) by Vigyan Bharti. He holds a Bachelor in Engineering from VJTI, Mumbai, M.Tech from IIT Delhi and has earned CFA Charterholder from CFA Institute, USA.

Kasturi Roy

Advisory Team

Ms. Kasturi Roy Choudhury is on the Advisory team at Premier Energies. She has over 3 decades of professional experience with ‘Consultancy for Change and Growth’ and specializes in the areas of Management Consultancy and Corporate Training. At CFCG, Kasturi works as a Senior Consultant anchoring key client relationships & accountable for deliverables.

In her personal capacity, Kasturi is associated with social organizations like Jeevika Development Society, Garbage Free India & Sanjeevani Life beyond Cancer. Her distinguished academic career includes:PGDM from IIM Ahmedabad (1988), DBF from ICFAI, Hyderabad (1990), BE (Electrical) from Jadavpur University (1986).

SURENDER PAL SINGH

Founder & Chairman

A visionary, Surender Pal Singh is an eminent energy expert and accomplished business leader with over 40 years of rich industrial experience. His work states achievements in both conventional as well as non-conventional power projects. Known for his resourcefulness and deep knowledge on Solar, he has been conferred with national and international awards such as the International Project of The Year from Renewable Energy World, USA 2013, National Awards for Excellence in Renewable Energy for Rural Electrification from World Federation Of CSR Professionals, 2015, Udyog Bharti & Udyog Patra awards from the Vice President of India. A mechanical engineering graduate from Dharwad University, today he oversees operations and finance of the organization in addition to mentoring the young leaders.

CHIRANJEEV SALUJA

Founder & Managing Director

He is one of India’s 100 Most Influential Solar Business Leaders and a visionary who transformed the company from a solar enterprise to an integrated renewable energy solutions provider. Steering the company from a 5 MW production capacity in 1995 to 500 MW in 2018, he is now leading Premier Energies towards growth by expanding the production capacity to 750 MW solar cells and 1.2 GW solar modules.

He is a Founding Member of Premier Solar Power Tech and has built over 650+ MW of EPC and 130 MW of IPP. He serves as a Director on board for over 10 companies in the Solar Manufacturing and IPP space and the All India Solar Industries Association (AISIA). He is a member of the Governing Council of Indian Solar Manufacturers Association (ISMA). He holds a bachelor’s degree in Engineering from Osmania University, Hyderabad.

SUDHIR MOOLA

Executive Director

A distinguished engineer from JNTU, Hyderabad; an MS from Colorado University and an MBA from ISB, Sudhir has worked with PwC, USA before taking on a directorial mantle at Premier Energies. He heads the EPC business, as well as the construction of our new state of the art manufacturing facility. Sudhir is actively involved in all day-to-day operations of the organization, from managing external relations to defining policies, supervising department heads, and working on strategies for growth and business expansion.

VISHNU HAZARI

Chief Operating Officer

He brings over 14+ years of rich consulting experience in BFSI, Pharma and Healthcare sectors, having worked at JP Morgan Chase, Anthem, Infosys, Cognizant and Deloitte. He holds a MS (Mechanical Engineering) from Western Michigan University. At Premier Energies, Vishnu is responsible for managing the entire spectrum of operations of the manufacturing division.

REVATHI ROHINI B

Director & CFO-designate

She has served the Government of Telangana for over 30 years and retired as an Additional Commissioner of Commercial Taxes. A graduate in Agricultural Sciences, she brings in with her a rich, on-ground experience in indirect taxation and government regulatory affairs. A trailblazer and an expert in legal and commercial taxes, she now leads all financial and government related matters of the organization.

NIYATHI MADASU

Director

She comes in with over 16 years of experience in Talent Management, Leadership Consulting & Organization Development. She is proficient in a variety of methodologies including leadership framework development, psychological profiling & assessment, and design of talent management frameworks.

Niyathi holds an MBA in HR from the Symbiosis Centre for Management and Human Development, Pune and an executive certification in organization development from ISB Hyderabad. She leads People Operations for the group and double hats as a member of the marketing & branding team. She recently joined the elite Business World People 40 under 40 2020 list.

Jasveen Saluja

Director

She’s been a serial entrepreneur and comes in over a decade of experience in running her own company specialising in interior design. With an astute sense of business, she is responsible for business development, procurement, project planning and government liaisoning. She has a degree in commerce and fashion designing.

Dhruv Sharma

Advisory Team

Mr. Dhruv Sharma, has been associated with Solar Manufacturing in India since 2008. As the CEO of Jupiter Solar, he has played a pivotal role in the transformational journey of the company. He is responsible for leading the development and execution of the company’s vision, strategy and plans.

His understanding of the business has been instrumental in evolving growth strategies and significantly contributed to implementation of the group’s expansion and diversification into solar power sector.

Additionally, as Chief Business Manager at Premier Energies, he holds the responsibility of leading the foray of the Company into Solar cell manufacturing, focusing on Technology, Vendor relationships, Project management, Organization building and Key Account Marketing.