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Premier Energies Secures ₹4,000 Crore Solar Orders
10 Oct
Summary
- New orders total over ₹4,000 crore for July-September FY27.
- Capacity for solar cells and modules has significantly increased.
- Company expects strong validation of growth strategy and execution.
Premier Energies has announced a significant achievement with new orders totaling over ₹4,000 crore for the July-September period of FY27. These substantial orders originate from a diverse range of clients, including major power producers, module manufacturers, and EPC companies.
The orders are designated for solar cell and module supplies, amounting to 2,308 MW, as well as EPC project execution. This influx of business follows a recent strategic expansion of Premier Energies' manufacturing infrastructure.
The company has nearly doubled its module manufacturing capacity to 11.1 GW. Concurrently, its solar cell manufacturing capacity has surged from 3.6 GW to 10.6 GW, bolstered by the recent commissioning of a 7 GW TOPCon solar cell manufacturing facility in Naidupeta, Andhra Pradesh.
Chiranjeev Saluja, Managing Director of Premier Energies, expressed optimism, stating that the growing order book serves as strong validation for the company's growth strategy and its ability to execute projects effectively.
