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 awaited.
PREMIERENE · price
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The stock exchange (NSE) has asked Premier Energies to clarify a recent media report about a large-scale capacity expansion. As per the news item, the company plans to add 7.4 GW of solar cell capacity and 6 GW of solar module capacity every year, backed by a capital expenditure of around Rs 11,000 crore. The exchange has sought the company's response to verify the accuracy of these figures. The company's reply is still awaited, meaning the expansion plan has not been officially confirmed yet.
This is a routine exchange query, not a confirmed announcement. If the company confirms the Rs 11,000-crore capex plan, it would represent a very large investment that could significantly lift growth expectations — but until the response is out, investors should treat the numbers as unverified and expect some short-term uncertainty or volatility in the stock.