Shares of Premier Energies will be in focus heading into trade on Monday after the company announced it has received orders aggregating to Rs 4,001 crore in the July–September quarter from a mix of major power producers, module manufacturers, EPC companies and other customers.
The orders are a combination of solar cell and module supplies (total 2,308 MW) and EPC project execution. The strong order inflow supports Premier Energies’ growth plans as the company continues to scale up its manufacturing capabilities. Its total module manufacturing capacity has nearly doubled to 11.1 GW, while solar cell manufacturing capacity has risen from 3.6 GW to 10.6 GW following the commissioning of a 7 GW TOPCon solar cell manufacturing facility at Naidupeta, Andhra Pradesh, last month, the company said.
