The Exchange has sought clarification from Premier Energies Limited with respect to recent news item captioned Premier Energies To Add 7.4 GW Cell, 6 GW Module Capacity Annually At Rs 11,000-Crore Capex. The response from the Company is attached.
PREMIERENE · price
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Premier Energies has clarified in response to an NSE query that its plan to add 7.4 GW of solar cell capacity and 6 GW of solar module capacity at an estimated capex of Rs 11,000 crore is not new information. The company states these expansion details were already disclosed earlier through LODR filings, board meeting outcomes (dated 17 May 2025 and 28 October 2025), and a press release dated 31 December 2025. Premier Energies has already commissioned 1.4 GW of new module capacity (May 2025) and 1.2 GW of new cell capacity (June 2025), taking current capacity to 3.4 GW cells and 5.1 GW modules. The full expansion roadmap targets 10.6 GW of cell capacity and 11.1 GW of module capacity by September 2026. The company also confirmed there is no unpublished price-sensitive information pending disclosure and no regulatory or legal proceedings linked to this announcement.
The clarification confirms the Rs 11,000 crore expansion plan is already public knowledge, so no new material information is being shared. Shareholders can view this as reassurance of transparency, but the large capex size may raise leverage concerns for investors watching the balance sheet.