Premier Energies Bags Rs 23.07 Billion Orders In Q3 FY26
POWER & RENEWABLE ENERGY

Premier Energies Bags Rs 23.07 Billion Orders In Q3 FY26

Premier Energies Limited has secured new orders aggregating Rs 23.07 billion during the third quarter of FY26, reflecting strong demand for its solar manufacturing capabilities. The execution of these orders is scheduled across FY27 and FY28, providing medium-term revenue visibility for the company.

The contracts have been awarded by a mix of leading domestic independent power producers and other customers in India, underlining continued confidence in Premier Energies’ product quality, execution capabilities and integrated manufacturing platform.

The order inflow supports the company’s ongoing capacity expansion plans, which target achieving 10.6 GW of solar cell capacity and 11.1 GW of solar module capacity by September 2026, in line with India’s accelerating renewable energy deployment.

Commenting on the development, Mr Chiranjeev Saluja, Managing Director and Chief Executive Officer of Premier Energies Limited, said the robust order inflow highlights the trust customers place in the company’s manufacturing capabilities and technology roadmap. He added that as India advances its renewable energy ambitions under the Atmanirbhar Bharat initiative, Premier Energies remains focused on delivering high-quality solar solutions at scale while strengthening backward integration and its integrated manufacturing platform.

Premier Energies Limited has secured new orders aggregating Rs 23.07 billion during the third quarter of FY26, reflecting strong demand for its solar manufacturing capabilities. The execution of these orders is scheduled across FY27 and FY28, providing medium-term revenue visibility for the company. The contracts have been awarded by a mix of leading domestic independent power producers and other customers in India, underlining continued confidence in Premier Energies’ product quality, execution capabilities and integrated manufacturing platform. The order inflow supports the company’s ongoing capacity expansion plans, which target achieving 10.6 GW of solar cell capacity and 11.1 GW of solar module capacity by September 2026, in line with India’s accelerating renewable energy deployment. Commenting on the development, Mr Chiranjeev Saluja, Managing Director and Chief Executive Officer of Premier Energies Limited, said the robust order inflow highlights the trust customers place in the company’s manufacturing capabilities and technology roadmap. He added that as India advances its renewable energy ambitions under the Atmanirbhar Bharat initiative, Premier Energies remains focused on delivering high-quality solar solutions at scale while strengthening backward integration and its integrated manufacturing platform.

Next Story
Infrastructure Urban

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Next Story
Equipment

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Next Story
Equipment

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement