Premier Energies Wins ₹2,703 Crore Solar Orders, Strengthening Role in India’s Clean Energy Drive – EQ
In Short : Premier Energies has bagged fresh orders worth ₹2,703 crore for supplying 2,059 MW of solar PV modules and cells. The contracts, from both new and repeat customers, will be executed across FY26 and FY27. This achievement underscores the company’s growing role in India’s renewable manufacturing sector and its commitment to supporting the nation’s clean energy transition.
In Detail : Premier Energies has announced that it has secured orders worth ₹2,703 crore for the supply of solar photovoltaic modules and cells. The orders, which collectively account for a supply capacity of 2,059 megawatts, reflect the company’s strong presence in the renewable energy manufacturing sector. This development further solidifies its position as one of India’s leading solar component suppliers.
The contracts include contributions from both new customers as well as repeat clients who have previously partnered with the company. This balance highlights the trust Premier Energies has built in the market, with clients returning for larger commitments while new ones continue to recognize its technological and operational strengths. The company sees this as a validation of its customer-first approach.
Execution of these orders has been scheduled across fiscal years 2026 and 2027, ensuring a steady revenue pipeline for the company over the medium term. Such long-term visibility adds financial stability and strengthens growth prospects in a highly competitive solar manufacturing market. Premier Energies expects this order book to further enhance capacity utilization at its manufacturing facilities.
The company has consistently emphasized quality, scale, and innovation as its key differentiators in the solar industry. With rising demand for high-efficiency solar modules and cells, Premier Energies has invested in advanced production lines capable of meeting both domestic and international standards. This has enabled it to cater to diverse requirements while maintaining a competitive edge in terms of performance and reliability.
Industry observers note that India’s push for self-reliance in solar manufacturing has created a favorable environment for companies like Premier Energies. Government initiatives, including Production Linked Incentives (PLI) and import restrictions on solar components, are further boosting domestic manufacturers. By securing large-scale orders, Premier Energies is well-positioned to benefit from this policy momentum and expand its influence in the sector.
The ₹2,703 crore order pipeline also reflects the growing scale of India’s renewable ambitions. With the nation targeting 500 GW of non-fossil fuel-based power capacity by 2030, demand for solar modules and cells is set to surge. Premier Energies, through this achievement, demonstrates its readiness to support India’s clean energy transition on a significant scale.
Beyond domestic demand, the company has expressed interest in expanding its export footprint, supplying solar components to international markets. Global interest in sourcing from India is rising as companies seek diversified supply chains beyond China. Premier Energies’ manufacturing capabilities place it in a strong position to serve both Indian and overseas markets efficiently.
The company has also emphasized its commitment to sustainability, ensuring that its manufacturing practices minimize environmental impact. By combining renewable-focused products with eco-conscious processes, it is aligning its operations with the broader global sustainability agenda. Such measures also enhance its appeal among environmentally conscious clients and investors who are increasingly prioritizing green supply chains.
Overall, securing ₹2,703 crore worth of orders marks a major milestone for Premier Energies. It reinforces confidence in the company’s growth strategy, strengthens its order book, and provides visibility for expansion in the coming years. As India continues its journey toward renewable energy leadership, Premier Energies is set to play a pivotal role in powering that transformation.
