Business
M/s Premier Energies Ltd gets contract to install rooftop solar power generation at religious places
The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to award the procurement for the implementation of Rooftop Solar Power Generation Project at religious places to M/s Premier Energies Ltd for a contract price of US$ 17 million.
On 08.01.2024, the Cabinet of Ministers approved the implementation of the Rooftop Solar Power Generation Project subject to a limit of 17 million US dollars under the 1000 million US dollars loan facility provided by the State Bank of India.
Accordingly, bids were invited to select a suitable institution for the implementation of the project and six bids were received. Considering the recommendations made by the Procurement Appellate Board regarding the recommendation made by the Technical Appraisal Committee and the Standing Procurement Committee appointed by the Cabinet, M/s Premier Energies Ltd was selected.