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Premier Energies to invest Rs 1,200 cr to expand capacity to 3 GW

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Premier Energies to invest Rs 1,200 cr to expand capacity to 3 GW

Solar equipment maker Premier Energies plans to invest around Rs 1,200 crore in the next two years to expand its annual solar cells and modules manufacturing capacity to three gigawatts (GW). “The plan is to be a three-GW facility, and we are planning to invest another Rs 500 crore in the coming four months to add another (one) GW and again Rs 500 crore in the next financial year. “So, the idea is to become 3 GW facility from 1.25 GW Module and 1.75 GW Cells,”

Premier Energies founder and Managing Director Chiranjeev Saluja said in a statement. He added that the company is planning to invest another Rs 1,000-Rs 1,200 crore over the next two years. Currently, Premier Energies has an annual manufacturing capacity of 1.25 GW modules and 0.75 GW cells. Premier Energies, one of the country’s leading solar PV cells and module manufacturing company, is set to launch its new state-of-the-art facility at E-City Hyderabad, according to the statement. Built with an investment of Rs 483 crore, the new venture will elevate the company among the top-five solar manufacturing players in India.

The formal inauguration of this new plant by K T Rama Rao, Minister of Municipal Administration and Urban Development of Telangana, is scheduled for July 29, it stated. The new manufacturing unit, a greenfield (fresh) project with a capacity of 750 MW solar cells and 750 MW solar modules, will produce MCCE-textured multi-crystalline cells and modules, mono PERC cells and modules as well as 19.2 per cent efficiency polycrystalline cells and modules. The plant has been designed to produce the latest generation products by incorporating monocrystalline PERC technology. This technology will usher in change by increasing the wafer size to 182 mm and 210 mm. The ISO 9001/ ISO 14001-certified manufacturing facility uses state-of-the-art production systems such as TQC (total quality control) and SPC (statistical process control).

News Source : Construction World

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The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

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The Madras High Court has granted early screenings of Vijay’s Leo movie from 7 AM, requesting the TN government to resolve any issues.

Madras High Court Grants Early Screenings of Vijay’s “Leo” Movie at 7 AM, Urges TN Government to Address Concerns

The Madras High Court has made a landmark decision in favor of the much-anticipated Tamil film “Leo,” starring actor Vijay. In a significant move, the court has granted permission for early screenings of the movie from 7 AM, urging the Tamil Nadu government to swiftly address any issues and facilitate the smooth release of the film. This decision marks a pivotal moment in the realm of Tamil cinema and the entertainment industry at large.

Historical Context:

The Indian film industry, particularly the Tamil film industry, has seen its share of controversies and challenges related to film releases. Issues such as censorship, political disputes, and public sentiment have often played a significant role in shaping the release schedules and screening times for films. Vijay, one of Tamil cinema’s most prominent actors, has been at the center of such controversies in the past. This decision by the Madras High Court is, therefore, particularly noteworthy.

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The Ruling:

The Madras High Court’s decision to permit early screenings of “Leo” comes as a response to a plea filed by the film’s producers. The court, while considering the plea, took into account various factors, including the film’s anticipated popularity and the prevailing circumstances. The court emphasized the importance of accommodating the audience’s interests and allowing them to enjoy the film without disruptions.

A Step Towards Normalization:

The court’s decision signifies a positive shift in the film industry, where release dates and screening times are often mired in controversy. By allowing screenings to commence at 7 AM, the court aims to reduce the chances of public unrest and congestion near theaters, especially in the wake of high-profile film releases.

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The Role of the Tamil Nadu Government:

The Madras High Court, in its ruling, also called upon the Tamil Nadu government to cooperate in ensuring a seamless release for the film. This cooperation extends to providing necessary security measures to maintain law and order around theaters during the early screenings.

Implications for the Entertainment Industry:

The decision is expected to set a precedent for the release of other highly anticipated films, not just in Tamil cinema but also in the broader Indian film industry. The court’s emphasis on the importance of accommodating the audience’s interests could lead to more flexible screening times for movies in the future.

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The Audience’s Perspective:

For moviegoers and fans of Vijay, this decision comes as a welcome relief. They can now look forward to enjoying the film without any undue delays or disruptions, ensuring a memorable cinematic experience.

In conclusion, the Madras High Court’s ruling to allow early screenings of Vijay’s “Leo” at 7 AM while urging the Tamil Nadu government to resolve any issues paves the way for a more audience-centric approach in the film industry. It is a landmark decision that highlights the importance of balancing the interests of filmmakers and the movie-loving public. This judgment is poised to make a positive impact on the release of future films, ushering in a new era of flexibility and convenience for cinema enthusiasts.

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