Premier Energies plans ₹6,000 crore capex for solar expansion
pre-market1 source ↓written by the desknot a recommendation
- over three years
- ₹6,000 crore
- capex plan
- ₹12,500 crore
- module capacities
- 10.6 GW
- respectively
- 11.1 GW
Premier Energies will invest ₹6,000 crore over three years to enhance its ingot and wafer manufacturing capabilities, aiming for full integration in India's solar sector. This investment is part of a larger ₹12,500 crore capex plan to boost solar cell and module capacities to 10.6 GW and 11.1 GW respectively. The strategy includes diversifying into inverters and batteries.
Not investment advice. For informational purposes only.