Order Details
Premier Energies Limited has received orders aggregating ₹3,011 crore during the April-June quarter (Q1 FY2027). The orders comprise supply of a total 1,846 MW of solar cells and modules. Delivery is scheduled across FY2027 and FY2028.
Customer Profile
The contracts have come from a mix of leading power producers, module manufacturers, EPC companies, and other customers. The orders reflect strong confidence in the company's manufacturing capabilities, product quality, and execution track record.
Capacity Expansion Update
The strong order inflow supports Premier Energies' growth strategy as the company is undertaking significant expansion of its manufacturing capacities:
- Module manufacturing capacity was recently enhanced from 5.5 GW to 11.1 GW
- Solar cell manufacturing capacity is expected to grow from 3.6 GW to 10.6 GW by September 2026
Management Commentary
Mr. Chiranjeev Saluja, Managing Director, commented on the development:
- Premier Energies is embarking on a high-growth strategy supported by booming solar demand
- Indian government's policy commitment to Make-in-India is a key driver
- Timely implementation of ALMM-2 policy for domestic manufacturing of solar cells is a critical enabler of business growth
- The new orders reflect the leadership position built through investments in new technologies, scale, and product quality
- The company remains focused on delivering reliable, high-efficiency solar solutions to customers
- The company supports India's clean energy and self-reliance goals
Company Background
Premier Energies Limited is a publicly listed company and one of India's leading integrated solar manufacturers with more than 30 years of solar manufacturing expertise. The company is known for its focus on technology innovation, sustainability, and employee-centric culture. The company has received Great Place to Work certification for five consecutive years.