New Delhi: Premier Energies on Wednesday said it has received solar cell and module supply orders worth over Rs 2,300 crore during the quarter ended December 31, 2025. In an exchange filing, the company said it secured new orders aggregating Rs 2,307.30 crore in the third quarter of FY26 from a mix of leading domestic customers, including prominent independent power producers (IPPs). The execution of these orders is scheduled across FY27 and FY28.
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The order inflows provide sustained revenue visibility and support the company’s ongoing capacity expansion plans, under which Premier Energies aims to reach 10.6 GW of solar cell capacity and 11.1 GW of solar module capacity by September 2026.
Commenting on the development, Chiranjeev Saluja, Managing Director and CEO of Premier Energies Ltd, said, “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.”
Hyderabad-based Premier Energies is also expanding into allied segments such as ingots and wafers, battery storage and solar inverters, with the stated aim of becoming one of the world’s leading fully integrated renewable energy equipment manufacturers.
In a separate regulatory filing, Waaree Energies said it has received an order for the supply of 1,500 MW of solar modules from a domestic customer engaged in power generation, transmission and distribution.
The order, received on December 30, 2025, includes 1,000 MW of domestically manufactured modules under the domestic content requirement (DCR) category and 500 MW of non-DCR modules, the company said in an intimation filed with stock exchanges under Regulation 30 of SEBI’s Listing Regulations.
Waaree said the one-time order is scheduled for execution in FY27 and does not involve any related-party transactions. The company did not disclose the commercial value of the contract.
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The twin order announcements underscore continued momentum in India’s domestic solar manufacturing sector, as project developers and utilities line up module and cell supplies amid expanding renewable energy capacity additions and policy focus on domestic manufacturing.
