Premier Energies Photovoltaic Secures INR 1234 Crore Solar Module Orders

Hyderabad, February 14, 2025
Premier Energies Photovoltaic Private Limited, a subsidiary of Premier Energies Limited (NSE: PREMIERENE, BSE: 544238), has announced the receipt and acceptance of solar module supply orders worth INR 1234 crore from existing domestic customers.

Order Details & Execution Timeline​

• Total Order Value: INR 1234 Crore​

• Nature of Orders: One-time supply of solar PV modules
• Order Source: Domestic customers
• Delivery Schedule: Supply will commence in April 2025

The contracts align with Premier Energies' strategic focus on strengthening its position in India's solar energy market through consistent order inflows and expansion in module production capacity.

Corporate Compliance & Trading Window Closure​

In line with Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, the company has also notified that the trading window will remain closed from February 14, 2025, to February 15, 2025, reopening on February 16, 2025.

Market Outlook & Strategic Positioning​

With the Indian government’s renewable energy push, the demand for solar PV modules has been steadily increasing. Premier Energies continues to benefit from this trend, ensuring steady revenue generation and market share expansion in the domestic market.

Management Commentary​

Ravella Sreenivasa Rao, Company Secretary & Compliance Officer, stated that the orders reinforce Premier Energies' commitment to delivering high-quality solar solutions and further cement its relationships with key customers in the sector.

This latest order announcement positions Premier Energies as a significant contributor to India's clean energy transition, supporting both policy-driven solar adoption and industrial demand.

Investor Takeaway​

The large-scale order inflow highlights Premier Energies' robust business pipeline and strong customer trust, making it a key player in India's evolving solar industry. Investors can expect revenue visibility and steady growth momentum in the coming quarters.