Premier Energies Secures Orders Worth Rs 2,577 Crore in Q4 FY26
Premier Energies Secures Orders Worth Rs 2,577 Crore for Solar Cells and Modules
Premier Energies Ltd announced on Thursday that it has secured orders worth Rs 2,577 crore in the fourth quarter of FY26 for the supply of 1,600 MW solar cells and modules. The execution of these orders is scheduled to take place across FY 2027 and 2028.
The orders have been placed by a mix of leading domestic Independent Power Producers (IPPs), module manufacturers, and EPC contractors in India. This indicates continued confidence in the company's execution capabilities and integrated manufacturing platform. The growing order book reflects Premier Energies' growing scale, with cell capacity expected to reach 10.6 GW by September 2026 and module manufacturing capacity recently expanded to 11.1 GW.
The robust order inflow underscores the trust placed by Premier Energies' customers in the company's manufacturing capabilities and technology roadmap. This significant milestone is expected to drive growth and expansion for the company in the coming years.
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Order Breakdown
| Quarter | Orders (Rs Crore) |
|---|---|
| Fourth Quarter FY26 | 2,577 |
| FY27 | (TBA) |
| FY28 | (TBA) |
Note: The orders for FY27 and FY28 are yet to be executed and will be announced separately.
Investor Takeaway
Investors should take note of Premier Energies' growing order book and expanding manufacturing capacity.
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