Premier Energies expands into renewable EPC via new JV vehicle

Economic Times
Economic Times 11h India
Premier Energies formed HeliosAnthos Energies and will hold 51% equity in the new JV with BA Prerna Renewables to bid for and execute solar, wind, standalone battery, and hybrid EPC contracts across India.
Premier Energies expands into renewable EPC via new JV vehicle
Why it matters
This creates a dedicated EPC platform that can take on full-scope project delivery (land, grid connectivity, permits, engineering), reducing reliance on third-party EPC partners for developers and IPPs. The move broadens Premier Energies’ addressable revenue from equipment supply into higher-value project execution, which can change bid competitiveness and margin mix on utility-scale renewable and storage projects. For counterparties, the JV offers a single contractor for multi-technology builds (solar-wind-battery hybrids), which can shorten procurement cycles and simplify interface risk on complex projects.
TOPICS

Energy & Power Renewable Energy

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