Premier Energies Secures Orders Worth ₹ 3,011 Crore in Q1 FY 2027

Premier Energies Limited has received orders aggregating ₹3,011 crore in April-June quarter. The orders comprise supply of a total 1,846 MW solar cells and modules with delivery scheduled across FY 2027 and FY 2028. The contracts have come from a mix of leading power producers, module manufacturers, EPC companies and other customers, reflecting strong confidence in the company's manufacturing capabilities, product quality and execution track record.

The strong order inflow supports Premier Energies growth strategy as the company is undertaking significant expansion of its manufacturing capacities - the module manufacturing capacity was recently enhanced from 5.5 to 11.1 GW, while solar cell manufacturing capacity is expected to grow from 3.6 GW to 10.6 GW by September 2026.

Commenting on the development, Mr. 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-inIndia. Timely implementation of 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 with investments in new technologies, scale and product quality. We remain focused on delivering reliable, highefficiency solar solutions to our customers while supporting India's clean energy and self-reliance goals."

Shares of Premier Energies Limited was last trading in BSE at Rs. 1022.25 as compared to the previous close of Rs. 1045.95. The total number of shares traded during the day was 32579 in over 1442 trades.

The stock hit an intraday high of Rs. 1048.10 and intraday low of 1016.40. The net turnover during the day was Rs. 33536184.00.

Source : Equity Bulls

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PremierEnergies INE0BS701011 ElectricalEquipment OrdersWin Q1FY27