Premier Energies Secures ₹1,460 Crore Orders For Solar Modules And Cells From Major IPPs

Premier Energies Limited, through its subsidiaries Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, has secured multiple orders worth ₹1,460 Crore from two large Independent Power Producers (IPP) and other entities. The orders comprise ₹1041 Crores for solar modules and ₹419 Crores for solar cells, marking a significant development for the company in the solar energy sector.

The supply of solar modules and cells is scheduled to begin in May 2025, reflecting the company’s ability to secure long-term projects in the renewable energy space. These contracts will contribute to the ongoing expansion of India’s solar power infrastructure, which is essential for meeting the nation’s renewable energy targets.

These orders, which fall under the category of one-time contracts, are part of Premier Energies’ continued efforts to strengthen its presence in the domestic market. The company has emphasized that there is no involvement of the promoter or promoter group in the entities awarding these contracts, ensuring that the process remains free of related party transactions. Furthermore, the contracts are not expected to create any conflicts of interest.

This significant order win underlines Premier Energies’ growing position in the solar energy sector, reinforcing its role in contributing to India’s clean energy transition. With the delivery scheduled to start in May 2025, the company’s commitment to fulfilling these large-scale contracts will play an important part in India’s energy future, enhancing solar capacity and supporting sustainability goals.