Premier Energies Ltd, a Hyderabad-based solar cell and module manufacturer, has won new orders worth Rs 2,307.30 crore in the third quarter (Q3) of FY26. These orders come from leading Indian power producers and other customers and are expected to be executed over the next two years, giving the company steady revenue visibility.
The company said the orders reflect strong customer trust in its product quality and execution capabilities. With India’s renewable energy market growing rapidly, Premier Energies is well-positioned to meet increasing demand for solar components.
The firm is also expanding its production capacity, planning to reach 10.6 gigawatts (GW) for solar cells and 11.1 GW for solar modules by September 2026. These new orders will support this growth and help the company strengthen its place in India’s domestic solar manufacturing sector.
Chiranjeev Saluja, MD and CEO, said the large order inflow shows confidence in Premier Energies’ technology and manufacturing. He added that as India accelerates renewable energy deployment, the company is focused on providing high-quality solar solutions while expanding backward integration across the value chain.
The announcement has caught the attention of investors, with analysts noting that the orders could boost the company’s stock performance. The size and timing of the contracts signal strong business momentum and future growth potential.
Overall, the new orders align with India’s focus on renewable energy and domestic manufacturing. They are expected to contribute significantly to Premier Energies’ growth over the next two years and reinforce its role in building India’s solar infrastructure.
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