Premier Energies Secures Orders Worth ₹3,011 Crore in Q1 FY 2027, Reflecting Strong Market Confidence
Premier Energies Limited announced that it has secured orders totaling ₹3,011 crore during the April-June quarter. These contracts involve supplying a total of 1,846 MW of solar cells and modules, with deliveries scheduled across fiscal years (FY) 2027 and FY 2028.The confirmed business comes from a diverse range of clients, including leading power producers, module manufacturers, EPC companies, and other customers, signaling strong faith in the company’s manufacturing capabilities, product quality, and execution track record.
Commitment to Growth and Expansion
This significant order inflow strongly supports Premier Energies' strategic growth plan. The company is undertaking substantial expansions across its manufacturing base.The current and planned capacities are detailed below:
| Manufacturing Scope | Current Capacity | Future Capacity |
|---|---|---|
| Module Manufacturing | 5.5 GW | 11.1 GW |
| Solar Cell Manufacturing | 3.6 GW | 10.6 GW (by September 2026) |
Chiranjeev Saluja, Managing Director of Premier Energies, commented on the development, stating that the company is pursuing a high-growth strategy driven by booming solar demand and India's commitment to Make-in-India. He noted that the implementation of the ALMM-2 policy for domestic solar cell manufacturing serves as a critical enabler for business expansion.
Mr. Saluja added that these new orders highlight the leadership position Premier Energies has established through investments in advanced technologies, scale, and product quality. The company remains dedicated to supplying reliable, high-efficiency solar solutions while supporting India's goals for clean energy and self-reliance.
Premier Energies Limited is an integrated solar manufacturer with over 30 years of experience in the sector. It focuses heavily on technology innovation, sustainability, and maintaining an employee-centric culture. The company manufactures high-efficiency solar cells and modules and continues to expand its integrated capabilities throughout the solar value chain.
PREMIERENE Stock Price Movement
As of 9:27 AM, shares of Premier Energies Limited are slipping by 0.69% in live trading, currently at ₹1015.8 as investors react to market pressures. The stock has seen moderate activity so far today, with 81,420 shares traded in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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