Premier Energies has secured contracts worth USD 19.95 million to supply and install solar power systems in Benin, West Africa. The projects include 750 rooftop solar systems and over 4,400 solar streetlights. This initiative aims to expand access to reliable, sustainable energy in Benin, aligning with the government’s national energy goals. The project is financed through a Line of Credit from EXIM Bank of India and ECOWAS Bank.
Landmark Electrification Project
Premier Energies Limited has been awarded contracts totaling USD 19.95 million for the supply and installation of solar power systems in the Republic of Benin, West Africa. This significant achievement highlights Premier Energies’ expanding global footprint and commitment to sustainable energy solutions.
Project Details and Scope
The project encompasses the installation of 750 rooftop solar systems at various socio-community facilities. These facilities include district police stations, educational institutions, health centers, and border surveillance units. Additionally, the project involves the installation of over 4,400 high-efficiency solar streetlights and 650 solar water heaters.
National Initiative and Collaboration
These projects are part of a national initiative by the Government of Benin to increase access to reliable, sustainable clean energy. The implementation will be a collaborative effort between Premier Energies and the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water, and Mines of Benin.
Financing and Partnerships
The project’s financing is secured through a Line of Credit from the Export-Import Bank of India (EXIM Bank) and the ECOWAS Bank for Investment and Development (EBID), demonstrating strong international support for the initiative.
Leadership Perspective
Chiranjeev Saluja, Managing Director & CEO of Premier Energies, stated that the contract award validates the company’s operational capability and global competitiveness. He emphasized Premier Energies’ commitment to delivering sustainable energy solutions and promoting renewable energy in emerging markets.
Source: BSE
