Premier Energies Secures ₹2,577 Crore in New Solar Orders for 2026
Premier Energies secures orders worth Rs 2,577 cr in Q4
Business Standard
Image: Business Standard
Premier Energies has secured orders worth ₹2,577 crore (approximately $310 million USD) in the fourth quarter of FY 2026 for the supply of 1,600 MW of solar cells and modules. These contracts, from various domestic Independent Power Producers and contractors, will be executed over FY 2027 and 2028, showcasing the company's expanding manufacturing capabilities.
- 01Premier Energies received orders totaling ₹2,577 crore for solar products.
- 02The orders involve the supply of 1,600 MW of solar cells and modules.
- 03Execution of these contracts will occur in FY 2027 and 2028.
- 04The company's cell capacity is expected to reach 10.6 GW by September 2026.
- 05Module manufacturing capacity has recently expanded to 11.1 GW.
Advertisement
In-Article Ad
Premier Energies has announced that it has received orders worth ₹2,577 crore (approximately $310 million USD) in the fourth quarter of FY 2026. These orders include the supply of 1,600 MW of solar cells and modules, with execution planned for FY 2027 and 2028. The contracts were awarded by a range of domestic Independent Power Producers (IPPs), module manufacturers, and Engineering, Procurement, and Construction (EPC) contractors in India. This influx of orders underscores the confidence in Premier Energies' execution capabilities and its integrated manufacturing platform. The company's growing order book reflects its expanding scale, with cell manufacturing capacity projected to reach 10.6 GW by September 2026, alongside a recently expanded module manufacturing capacity of 11.1 GW.
Advertisement
In-Article Ad
The new orders will bolster local manufacturing jobs and contribute to the renewable energy sector's growth in India.
Advertisement
In-Article Ad
Reader Poll
Do you support increased investment in renewable energy projects?
Connecting to poll...
Read the original article
Visit the source for the complete story.