PREMIERENENSEPremier Energies LimitedHighPositive
Announced Thu, 22 Jan · 21:01 IST

Premier Energies Limited has informed the Exchange about Commissioning of 400 MW Solar Photovoltaic Cell Mono perc facility at E City Maheeshwaram, Telangana.

Greenfield CommissionedCapex & Operations View source PDF

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AI summary

Premier Energies Limited has commissioned a new 400 MW Solar Photovoltaic Cell manufacturing facility using Mono PERC technology at E City Maheeshwaram, Telangana. This is a new solar cell production unit coming online, expanding the company's manufacturing footprint. Mono PERC cells are a higher-efficiency solar technology, which is in strong demand as India pushes its solar energy capacity. The company has informed the exchange about this operational milestone.

Likely market impact

This is a positive development for shareholders as it adds 400 MW of new high-efficiency solar cell manufacturing capacity, which can drive future revenue growth and strengthen Premier Energies' position in India's booming solar sector.