en.Wedoany.com Reported - Premier Energies Ltd of India secured orders worth INR 25.77 billion (approximately INR 25,770 million) in the fourth quarter of FY26 for the supply of 1,600 MW of solar cells and modules. These contracts were awarded by domestic independent power producers, module manufacturers, and engineering, procurement, and construction contractors, with execution scheduled between FY27 and FY28. The inflow of orders reflects customer recognition of the company's integrated manufacturing platform and execution capabilities.
The growth in orders mirrors the company's expanding scale, with cell capacity expected to reach 10.6 GW and module manufacturing capacity already expanded to 11.1 GW by September 2026. Management noted that the capacity enhancement will support the timely fulfillment of long-term supply agreements and improve supply chain integration. This expansion aligns with India's demand for solar equipment and the push for renewable energy deployment. Investors and industry participants view these developments as having a positive impact on domestic manufacturing.
The contracts cover customers including independent power producers, module assemblers, and turnkey contractors operating across India. These orders aim to enhance the company's order visibility for future fiscal years and optimize the utilization of its cell and module production lines. Execution during FY27 to FY28 will be phased to match project timelines and component procurement. The company emphasized the role of integrated manufacturing in meeting large-scale commitments.
Premier Energies is advancing its technology roadmap and capacity additions to capture opportunities in the solar value chain. The recent orders are expected to enhance revenue visibility and support operational leverage as production scales up. Management highlighted a focus on timely delivery and quality standards to maintain customer trust. The company will monitor market dynamics and execute contracts according to agreed schedules.
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