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BHARAT NEETI

Be Ahead With Economy And Policy Updates

BHARAT NEETI

Be Ahead With Economy And Policy Updates

Premier Energies Secures Orders Worth ₹ 3,011 Cr in Q1 FY 2027

Premier Energies Limited
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Hyderabad: Premier Energies Limited has received orders aggregating ₹3,011 crore in April-June quarter. The orders comprise supply of a total 1,846 MW solar cells and modules with delivery scheduled across FY 2027 and FY 2028. The contracts have come from a mix of leading power producers, module manufacturers, EPC companies and other customers, reflecting strong confidence in the company’s manufacturing capabilities, product quality and execution track record.

The strong order inflow supports Premier Energies growth strategy as the company is undertaking significant expansion of its manufacturing capacities – the module manufacturing capacity was recently enhanced from 5.5 to 11.1 GW, while solar cell manufacturing capacity is expected to grow from 3.6 GW to 10.6 GW by September
2026.

Chiranjeev Saluja, Managing Director, Premier Energies, said: “Premier Energies is embarking on a high-growth strategy supported by booming solar demand and the Indian government’s policy commitment to Make-in India.

Timely implementation of ALMM-2 policy, as recently announced, for domestic manufacturing of solar cells is a critical enabler of business growth. These new orders reflect the leadership position built by Premier Energies with investments in new technologies, scale and product quality. We remain focused on delivering reliable, high efficiency solar solutions to our customers while supporting India’s clean energy and self-reliance goals.”

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