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Premier Energies clarifies expansion plans, Rs 11,000-crore capex already disclosed
Premier Energies Limited
January 12, 2026, 12:32 PM
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Premier Energies Limited has issued a clarification regarding a news item published on NDTV Profit concerning its expansion plans and capital expenditure. The company states that the information about adding 7.4 GW of cell capacity and 6 GW of module capacity annually with an investment of ₹11,000 crore is not new.
According to the company's disclosure, capacity additions and expansion plans were previously communicated through various press releases and board meeting outcomes. Specifically, the capacity in operation at the time of IPO was 2.0 GW for cells and 3.7 GW for modules. Further, a new module line was commissioned on May 17, 2025, adding 1.4 GW, and a new cell line was commissioned on June 26, 2025, adding 1.2 GW.
The company's expansion plan, detailed in a disclosure on May 17, 2025, and further elaborated in the outcome of the Board Meeting on October 28, 2025, aims for a total capacity of 10.6 GW for cells and 11.1 GW for modules. This information was also reiterated in a press release on December 31, 2025, which announced orders worth ₹2,307.30 crore in Q3 FY26, supporting ongoing capacity expansion. The expansion roadmap aims to achieve the stated capacities by September 2026.
Premier Energies emphasized that the capacity information highlighted in the NDTV article is already in the public domain and not unpublished price-sensitive information. The company attributes any share price movement to market dynamics and confirms no pending disclosures or regulatory/legal proceedings related to this announcement. Consequently, the article is not expected to have a material impact on the company. Premier Energies reaffirms its commitment to complying with SEBI LODR Regulations, 2015.
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