Premier Energies Ltd.PREMIERENE₹1,032.60 +3.87%

Subsidiaries of Premier Energies Ltd. secured fresh solar module and cell orders worth ₹2,703 crore from renowned independent power producers and other customers. The orders, which cover a total capacity of 2,059 MW, will be executed across FY2026 and FY2027.

The contracts involve the supply of solar photovoltaic (PV) modules and cells to domestic players, reinforcing Premier Energies’ strong positioning in India’s renewable energy value chain. The company highlighted that the orders were received from both new and existing customers, reflecting sustained demand for its products.

With India’s solar sector on a rapid growth trajectory, the new contracts are expected to significantly bolster Premier Energies’ revenue visibility and strengthen its order book. The company also noted that there is no promoter group involvement or related-party element in the transactions, underlining their arm’s-length nature.

The development adds momentum to Premier Energies’ expansion strategy, which has seen it emerge as one of India’s leading integrated solar manufacturing players with a growing international presence.

About Premier Energies

Premier Energies is a leading Indian manufacturer of solar cells and modules with over three decades of proven manufacturing expertise, a near-monopoly in solar cell exports from India, and strong credentials as one of the first domestic producers of TOPCon cells. It is ALMM, DCR, and BIS compliant, widely trusted by top IPPs and EPC contractors, and operates one of India’s largest integrated cell-module facilities. 

In the latest quarter, revenue from operations stood at ₹18,207 million, up 9.9% YoY, while profit after tax came in at ₹3,078 million, rising 53% YoY.

Since listing, this stock has delivered multibagger returns of over 125%.

Note: The stock price mentioned is as of 1:20 pm.

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.