Premier Energies Limited announced a strategic joint venture with BA Prerna Renewables Private Limited to expand its Engineering, Procurement, and Construction (EPC) presence in the renewable energy sector. The new entity, HeliosAnthos Energies Private Limited, will see Premier Energies hold a 51% stake, focusing on end-to-end EPC solutions for solar, wind, and hybrid projects across India. This move supports Premier Energies’ strategy to integrate manufacturing strengths with robust execution capabilities.
Strategic Joint Venture Announced
Premier Energies Limited has entered into a definitive agreement to form a strategic joint venture aimed at significantly enhancing its capabilities within the Engineering, Procurement, and Construction (EPC) segment of the renewable energy industry. This collaboration is with BA Prerna Renewables Private Limited.
Structure of HeliosAnthos Energies
The joint venture will be executed through a newly incorporated company named HeliosAnthos Energies Private Limited. The equity structure is defined as follows:
- Premier Energies Limited will hold a controlling 51% equity stake.
- BA Prerna Renewables Private Limited will retain the remaining 49% stake.
The newly formed entity is mandated to undertake EPC contracts across various renewable energy domains, including solar, wind, and standalone battery solar-wind-battery hybrid projects nationwide. The solutions offered will cover the entire lifecycle, including land acquisition, statutory approvals, engineering, procurement, installation, and final commissioning.
Alignment with Corporate Strategy
The formation of this JV is presented as a critical step aligning with Premier Energies’ overarching strategy to deepen its downstream capabilities. It is designed to complement the company’s established integrated manufacturing strengths across the renewable energy value chain.
Leadership Commentary
Mr. Chiranjeev Saluja, Managing Director & CEO of Premier Energies Limited, commented on the development on February 10, 2026. He stated that the JV will strengthen EPC capabilities and expand the company’s footprint. Mr. Saluja highlighted the importance of integrated solutions combining manufacturing excellence with execution, noting that the partner, BA Prerna, brings crucial expertise in securing land and transmission connectivity, which are essential for new solar and storage-led energy infrastructure in India.
About Premier Energies
Premier Energies Limited is recognized as one of India’s largest integrated solar manufacturers, boasting over three decades of industry experience. The company has received recognition for its focus on technology innovation, sustainability, and operational excellence, including certification as a Great Place to Work® for five consecutive years.
Source: BSE
