Premier Energy Group in collaboration with Azure Global energy limited plans to expand its manufacturing unit in Hyderabad city.
It plans to manufacture 4000 solar cells and modules in the next four years.
Both the companies signed an agreement worth Rs 700 crore. It is expected to provide 3000 jobs directly and indirectly.
The Telangana IT minister Mr KTR who was present at the ceremony welcomed the move. He said Premier company was expanding its operations as the state government came out with industry friendly policies.
He promised all sorts of cooperation from the state government.
By Gollapudi Srinivasa Rao