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Premier Energies Secures ₹4,001 Crore Orders, Expands Solar Capacity
Premier Energies makes equipment used to produce solar power.
The company said it received orders worth ₹4,001 crore during July to September in FY27.
The orders cover 2,308 MW of solar cells, solar modules, and project work.
They do not include orders from its retail business.
Premier Energies has increased how many solar modules and cells it can make.
A new solar cell factory in Naidupeta helped raise its cell-making capacity.
The company is also building facilities to make materials used in solar panels and battery containers.
Its managing director said the company is ready to serve customers in India’s solar market.
Premier Energies said it secured ₹4,001 crore in orders during the July–September quarter of FY27.
The orders cover 2,308 MW of solar cell and module supplies and EPC project execution, excluding retail-market orders.
The company’s module manufacturing capacity has risen to 11.1 GW.
Solar cell manufacturing capacity increased from 3.6 GW to 10.6 GW after a 7 GW TOPCon facility was commissioned in Naidupeta, Andhra Pradesh.
Premier Energies is also establishing 10 GW of ingot-wafer capacity and 12 GWh of battery-container manufacturing capacity.
- Who
- Premier Energies Limited, whose managing director is Chiranjeev Saluja.
- What
- The company announced ₹4,001 crore in new orders and reported increased solar cell and module manufacturing capacity.
- Where
- The new 7 GW solar cell facility is in Naidupeta, Andhra Pradesh; the orders are from customers in the Indian solar market.
- When
- The orders were secured during the July–September quarter of FY27; the announcement was made on Wednesday.
- Why
- The company said its growing order book validates its growth strategy and execution ability, and that it is prepared to meet customer demand.
Key facts
- New orders
- ₹4,001 crore
- Order volume
- 2,308 MW
- Order period
- July–September quarter of FY27
- Module manufacturing capacity
- 11.1 GW
- Solar cell manufacturing capacity
- 10.6 GW, up from 3.6 GW
- Planned ingot-wafer capacity
- 10 GW
- Planned battery-container capacity
- 12 GWh
Sources
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