Pennar Industries Bags 500 MW Solar PV Project from NTPC Renewable Energy

Pennar Industries Limited (PIL) has won an order from NTPC Renewable Energy Limited (NTPC REL). For its proposed 500 MW AC / 625 MW DC Solar PV project at Bhadla, Rajasthan.

PIL has emerged as the lowest bidder in a competitive bidding against the tender invited by NTPC REL and the scope of the project include design, engineering, supply, construction, erection, testing and commissioning along with a 3 year operation and maintenance contract. The completion time of the project is 12.5 months.

Mr. Sunil Kuram, Vice President, Corporate Strategy, said “We are excited about this win and it demonstrates our commitment to maximise our contribution in India’s renewable journey. It is our vision to be an ecosystem player and is our strategy to grow as an integrated company with dominant presence in solar EPC, Manufacturing and Adoption of world class technologies. It is our privilege to work with NTPC fulfilling our country’s grand vision about solar energy.”

Pennar group, with presence across multiple locations is a leading value-added engineering products and solutions company. The products span across multiple verticals such as Infrastructure, Automobiles, Railways, Pre-engineered buildings, Tubes & Steel and Solar EPC.

PIL already bagged orders worth Rs.1167 Crores across its all divisions from reputed clientele such as Reliance, TCI Limited, Thermax, TATA & NTPC etc.