Premier Energies shares in focus on winning supply orders worth Rs 1,460 crore
Premier Energies are expected to remain in focus on Wednesday, January 15, after the company informed that it has won multiple orders amounting to Rs 1,460 crore from two Independent Power Producers (IPPs) and others.
“In accordance with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have received and accepted multiple orders aggregating to Rs 1,460 crore from two large Independent Power Producers (IPPs) and others,” the company stated in its exchange filing.
These orders include Rs 1,041 crore for solar modules and Rs 419 crore for solar cells.
The supply of these modules is scheduled to commence in May 2025, the company additionally informed.
Incorporated in April 1995, Premier Energies specializes in manufacturing integrated solar cells and solar panels. Its product portfolio includes solar cells, solar modules, monofacial and bifacial modules, as well as EPC and O&M solutions.
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