Premier Energies bags Rs 3,011 crore solar orders in June Quarter
Premier Energies secured orders valued at Rs 3,011 crore for solar cells and modules. These contracts are scheduled for delivery across fiscal years 2027 and 2028. The company will supply 1,846 MW of solar cells and modules to various clients. Pre...
According to a company statement, the contracts have been awarded by a mix of power producers and module manufacturers.
The orders include the supply of 1,846 MW of solar cells and modules, with deliveries scheduled across FY2027 and FY2028, the statement said.
Read More: Tata Power to install solar, battery energy systems across one lakh households in Punjab over three years
Chiranjeev Saluja, Managing Director, Premier Energies, said, "These new orders reflect the leadership position built by Premier Energies with investments in new technologies, scale and product quality."
Premier Energies has a manufacturing capacity of 11.1 GW for solar modules and 3.6 GW for solar cells in India.
The company is also investing Rs 6,000 crore to establish 10 GW of ingot capacity and 10 GW of wafer capacity as part of its plan to become an integrated solar company.
Read More: MNRE opposes uniform DSM norms for renewable projects
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.