Premier Energies Bags ₹2,307 Crore Solar Orders in Q3 FY26

Premier Energies Limited has strengthened its order book after securing fresh contracts worth ₹2,307.30 crore during the third quarter of FY26.

Strong Order Wins in Q3 FY26

The newly secured orders have been awarded by a mix of leading domestic Independent Power Producers (IPPs) and other prominent customers in India. 

This diversified customer base highlights continued confidence in Premier Energies’ product quality, execution track record, and integrated manufacturing capabilities. 

Execution Timeline and Revenue Visibility

Execution of these contracts is planned across FY27 and FY28, ensuring a steady flow of revenues over the next two financial years. This phased execution not only supports predictable cash flows but also reduces short-term operational pressure, allowing the company to plan resources efficiently. 

The long execution horizon adds stability to Premier Energies’ earnings outlook amid a rapidly expanding renewable energy market.

Capacity Expansion Plans on Track

The fresh order inflows align well with Premier Energies’ ambitious capacity expansion roadmap. The company is targeting solar cell manufacturing capacity of 10.6 GW and solar module capacity of 11.1 GW by September 2026. 

These expansions are designed to support rising domestic demand, reduce reliance on imports, and strengthen India’s solar manufacturing ecosystem.

Commenting on the development, Mr. Chiranjeev Saluja, Managing Director & CEO, Premier Energies Limited, said, “This robust order inflow underscores the trust our customers place in our manufacturing capabilities and technology roadmap. As India accelerates renewable energy deployment under the Atmanirbhar Bharat initiative, we remain focused on delivering high-quality solar solutions at scale while strengthening our backward integration and integrated manufacturing platform.”

Premier Energies Share Price Performance

On December 31, 2025, Premier Energies share price opened at ₹880.00, touching the day’s high at ₹881.50, as of 12:02 PM on the NSE.

Also Read: January F&O Series Begins Today: Reduction in Lot Size & New Entrants!

Conclusion

Premier Energies’ ₹2,307.30 crore order wins in Q3 FY26 reinforce its strong market position and provide long-term revenue visibility. Supported by a robust execution pipeline and aggressive capacity expansion plans, the company appears well placed to benefit from India’s expanding solar energy landscape.

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