About Premier Energies Limited

Premier Energies Limited operates as India’s leading integrated manufacturer of high-efficiency solar photovoltaic cells and modules by having installed capacities of 5.1 GW for modules and 3.2 GW for cells. The company operates from Hyderabad to provide services to Independent Power Producers, EPC firms and government institutions throughout India and specific international markets and stands as India’s second-largest integrated manufacturer in its category. 

Since its establishment in 1995, the company started its first module production in 1999, introduced the first cell line in 2011, received strategic equity investment in 2021, and issued an IPO that led to a market listing on NSE and BSE on September 03, 2024. The company delivers P-type and N-type modules (including TOPCon) as well as advanced solar cells which include MONO PERC bifacial and G12R bifacial cells. As of March 31, 2025, Premier Energies maintained seven direct subsidiaries together with one step-down subsidiary. The company operates across 23 Indian states through seven international locations.

The recent strategic approach at Premier Energies has been to adopt and scale up Tunnel Oxide Passivated Contact (TOPCon) technology for better efficiency and reliability in all its products. The company maintains operations from multiple facilities across Telangana while building up its solar value chain integration to support Indian clean-energy objectives.

Premier Energies Limited Key Management

• Surenderpal Singh Saluja serves as the Chairman and Whole Time Director of the company.
• Chiranjeev Singh Saluja functions as the Managing Director of the company.
• The company has Revathi Rohini Buragadda serving as its Whole Time Director.
• Sudhir Moola serves as Whole Time Director starting from February 03, 2025.
• Nandkishore Khandelwal – Chief Financial Officer.
• Sreenivasa Rao Ravella serves as both Company Secretary and Compliance Officer.

Latest Updates on Premier Energies Limited 

• The company achieved its growth plans by listing on NSE and BSE on September 03, 2024, which became a major capital-markets achievement for the company.
• The company started operating a 1.4 GW TOPCon module production facility in Telangana to continue its development of next-generation technology solutions.
• During and following the year under review, CRISIL elevated the company’s credit ratings to CRISIL A-/Positive and A2+ on November 13, 2024, before advancing to A/Positive and A1 after March 31, 2025.
• The board approved a plan to develop adjacent businesses which will enhance the company’s integration by adding ingot wafers and aluminium frames and battery storage production capabilities.
• After the year’s end, Premier Energies GWC Private Limited and Premier Energies Storage Solutions Private Limited and Premier‑Green Aluminium Private Limited became new subsidiaries which support aluminium frames, wafers and energy storage operations within the company. The company joined joint ventures for technical collaboration with Nuevosol (aluminium frames; c. 80:20 equity) and with Taiwan-based Sino-American Silicon Products Inc (wafers; 74:26 equity).
• The proposed 4 GW TOPCon cell line site underwent a change from Seetharampur in Telangana to Naidupeta in Andhra Pradesh; however, the 4 GW module line will stay at Seetharampur in Telangana.