During the April–June quarter, Premier Energies Limited received orders of ₹3,011 crore, which included a supply order for 1,846 MW of solar cells and modules. Premier Energies stated in a news statement that deliveries of its order book are planned for FY2027 and FY2028.
A variety of top power producers, module manufacturers, EPC firms, and other clients have granted the contracts, demonstrating their strong faith in the company’s production capacity, product quality, and execution history.
The company’s larger expansion strategy, which it described at its FY26 analyst call, is consistent with Premier Energies’ most recent order wins. In addition to growing into battery energy storage systems, inverters, and other clean energy components, the company wants to bolster domestic solar production.
As part of this strategy, Premier Energies intends to invest approximately INR 5,100 crore in FY27 alone as part of a larger three-year capital expenditure program worth INR 12,000 crore that will encompass solar cells, batteries, inverters, aluminium frames, transformers, and ingot and wafer fabrication.
Premier Energies recently increased its module manufacturing capacity from 5.5 GW to 11.1 GW, building on a robust order inflow. By September 2026, its ability to produce solar cells is also anticipated to increase from 3.6 GW to 10.6 GW.
Remarking on the development, Chiranjeev Saluja, Managing Director, Premier Energies, said, “Premier Energies is embarking on a high-growth strategy supported by booming solar demand and the Indian government’s policy commitment to Make in India. The timely implementation of the ALMM-2 policy, as recently announced, for domestic manufacturing of solar cells is a critical enabler of business growth. These new orders reflect the leadership position built by Premier Energies through investments in new technologies, scale, and product quality. We remain focused on delivering reliable, high-efficiency solar solutions to our customers while supporting India’s clean energy and self-reliance goals.”
Electrify your feed! Click here to join our Whatsapp group and to get the latest updates, expert insights, and innovations driving India’s energy storage revolution.
