Premier Energies Limited has reported a strong business performance in the third quarter of FY26 by securing new orders worth ₹2,307.30 crore. The company announced that these orders were received during Q3 FY26 and will be executed over the next two financial years, FY27 and FY28. This order inflow adds to the company’s growing project pipeline and improves its revenue visibility for the coming years.
The newly secured contracts have been awarded by a mix of leading domestic Independent Power Producers (IPPs) and other well-known customers across India. This wide customer base reflects continued confidence in Premier Energies’ product quality, manufacturing strength, and ability to execute projects on time. The company’s integrated manufacturing platform has also played an important role in winning these orders, as customers increasingly prefer suppliers with end-to-end capabilities.
Premier Energies stated that the fresh orders will support its ongoing expansion plans. The company is currently working towards significantly increasing its manufacturing capacity. It aims to reach a solar cell manufacturing capacity of 10.6 GW and a solar module capacity of 11.1 GW by September 2026. These expansion plans are aligned with the growing demand for domestically manufactured solar equipment in India.
The company’s leadership highlighted that the order inflow is a positive signal for its long-term growth strategy. Commenting on the development, Mr. Chiranjeev Saluja, Managing Director and CEO of Premier Energies Limited, said that the strong order book shows the trust customers have in the company’s manufacturing capabilities and technology roadmap. He also noted that as India speeds up renewable energy deployment under the Atmanirbhar Bharat initiative, the company remains focused on delivering high-quality solar solutions at scale.
Premier Energies continues to strengthen its backward integration and overall manufacturing ecosystem. With increasing policy support for local manufacturing and rising solar installations across the country, the company believes it is well-positioned to play a key role in India’s clean energy transition. The latest order further reinforces its position as a major domestic solar manufacturer with a stable outlook for the coming years.
Subscribe to get the latest posts sent to your email.
){kind=link}
