Premier Energies to install solar systems across Benin, West Africa

Core Insights - Premier Energies has secured contracts worth $19.95 million to supply and install solar power systems in Benin, aimed at enhancing access to clean energy [1][2] - The project includes the installation of 750 rooftop solar systems, over 4,400 solar streetlights, and 650 solar water heaters across various facilities [2][3] - The initiative is part of a national program by the Benin government, supported by financing from the Export-Import Bank of India and the ECOWAS Bank for Investment and Development [2][3] Company Performance - Premier Energies reported a consolidated net profit increase of 55.3% to ₹3.07 billion ($35 million) and a 9.9% rise in net sales to ₹18.2 billion in the first quarter of fiscal year 2026 compared to the same period in fiscal year 2025 [4] - The company is recognized for its operational capability and global competitiveness in the solar energy sector [3][4]