PREMIERENENSEPremier Energies LimitedMinimalNeutral
Announced Thu, 9 Apr · 07:57 IST

Premier Energies Limited has informed the Exchange regarding a press release dated April 09, 2026, titled "Premier Energies Secures Orders Worth ₹ 2,577 Crores in Q4 FY26".

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₹961.00
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₹971.95
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AI summary

Premier Energies Limited has secured orders worth ₹2,577 crore in Q4 FY 2026 for supplying 1,600 MW of solar cells and modules. The orders will be executed across FY 2027 and 2028. The contracts are from a mix of leading domestic Independent Power Producers, module manufacturers, and EPC contractors in India, reflecting strong customer confidence in the company's manufacturing capabilities. The company is expanding its capacity with cell capacity expected to reach 10.6 GW by September 2026 and module capacity already expanded to 11.1 GW. The Managing Director highlighted that this order inflow demonstrates trust in their technology roadmap as India pushes renewable energy deployment under Atmanirbhar Bharat initiative.

Likely market impact

This is a significant positive development for shareholders as the ₹2,577 crore order book provides strong revenue visibility for FY 2027-2028, while the capacity expansion positions the company to capture growing demand in India's solar energy market.