Announced Thu, 9 Jul · 19:22 IST
Premier Energies opens 5.6 GW solar module plant in Telangana
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PREMIERENE · price
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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹1090.00
prior close
₹1099.00
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AI summary
Premier Energies inaugurated a 5.6 GW solar module manufacturing facility at Seetharampur, Telangana, raising total module capacity to 11.1 GW. The 75-acre campus also broke ground on a 6 GWh battery energy storage facility and an 18,000 MT per annum aluminium frames facility. The plant features G12R TOPCon technology and AI-powered inspection, and is expected to create over 3,000 jobs.
Likely market impact
Major capacity expansion boosts domestic and export capability; entry into BESS and aluminium frames diversifies revenue.