Rs 14,010 Crore Order Book: India's Leading Clean Tech Solutions Provider Secures Rs 3,011 Crore Orders in Q1 FY27

On Tuesday, Indian benchmark indices traded higher in early trade. As of the latest available trade, the Nifty 50 gained 35.15 points, or 0.14 per cent, to 24,465.50. Amid the positive market sentiment, Premier Energies share price rose 0.73 per cent to Rs 1,030.40 after the company announced a strong order inflow for the first quarter of FY27.

Premier Energies Bags Rs 3,011 Crore Orders in Q1 FY27

Premier Energies Limited announced that it has secured orders worth Rs 3,011 crore during the April–June quarter of FY27. The orders comprise the supply of 1,846 MW of solar cells and modules, with deliveries scheduled across FY27 and FY28. The contracts were awarded by a diverse customer base, including leading power producers, module manufacturers, EPC companies and other customers, highlighting strong demand for the company's products and manufacturing capabilities.

The company stated that the robust order inflow provides strong medium-term revenue visibility and aligns with its strategy of expanding integrated manufacturing capabilities to cater to rising demand for domestically manufactured solar products.

Capacity Expansion to Support Future Growth

Premier Energies recently expanded its solar module manufacturing capacity from 5.5 GW to 11.1 GW, while its solar cell manufacturing capacity is expected to increase from 3.6 GW to 10.6 GW by September 2026. The company believes the newly secured orders will be supported by this expanded manufacturing footprint, positioning it to meet growing demand across the domestic solar value chain.
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Management Commentary

Commenting on the development, Chiranjeev Saluja, Managing Director, Premier Energies, said: "Premier Energies is embarking on a high-growth strategy supported by booming solar demand and the Indian government's policy commitment to Make in India. Timely implementation of ALMM-2 policy, as recently announced, for domestic manufacturing of solar cells is a critical enabler of business growth. These new orders reflect the leadership position built by Premier Energies with investments in new technologies, scale and product quality. We remain focused on delivering reliable, high-efficiency solar solutions to our customers while supporting India's clean energy and self-reliance goals."

About Premier Energies

Premier Energies Ltd is one of India's leading integrated solar manufacturers with more than 30 years of experience in solar manufacturing. The company manufactures high-efficiency solar cells and modules and continues to expand its integrated manufacturing capabilities across the solar value chain.

The company focuses on technology innovation, sustainable manufacturing and operational excellence. It has also been recognised as a Great Place to Work for five consecutive years, reflecting its employee-centric culture and commitment to long-term growth.

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Disclaimer: The article is for informational purposes only and not investment advice.