Archive · 17 Sep 2025
ICICI Securities Recommends 'Buy' for Premier Energies
India is trying to make its solar panel industry stronger by making more parts here.
ICICI Securities thinks a company called Premier Energies will do well because of this.
They are recommending people buy its stock.
New rules mean solar panel makers will have to buy special parts, called wafers, from Indian companies starting in 2028.
This is like making sure most of the parts in a toy are made in the same country.
The goal is to help Indian companies grow and compete better in the solar market.
ICICI Securities recommends 'Buy' for Premier Energies.
New policy aims to increase domestic content requirements in solar manufacturing.
Mandatory domestic wafer procurement is planned for June 2028.
ICICI Securities believes integrated players will benefit.
India has implemented multiple initiatives to support domestic solar manufacturing.
- Who
- ICICI Securities and Premier Energies
- What
- ICICI Securities reiterated a 'Buy' rating on Premier Energies based on new domestic content guidelines for solar manufacturing.
- When
- June 2028 (wafer procurement mandate)
- Where
- India
- Why
- To strengthen local supply chains and benefit integrated solar manufacturers.
- Company
- Premier Energies
- Analyst
- ICICI Securities
- Recommendation
- Buy
- Proposed Policy
- Increase domestic content in solar manufacturing
- Wafer Procurement Mandate
- June 2028
- Premier Energies Capacity
- 2GW (approved list)