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-573.38
-169.60
+ 451.00
+ 1,908.00
+ 618.00
-573.38
-169.60
-169.60
+ 451.00
+ 451.00
+ 1,908.00
Installing solar panels, and high-voltage electricity transmission pylons in behind. Clean energy and the environmentally friendly. | Photo Credit: bombermoon
The shares of Premier Energies Limited were trading at ₹1,202.40 up by ₹34.25 or 2.93 per cent on the NSE today at 10.15 am.
Premier Energies Limited announced that its subsidiaries have received orders worth ₹560 crore from two large domestic Independent Power Producers (IPPs).
Premier Energies International Private Ltd. and Premier Energies Photovoltaic Private Ltd. will supply solar modules worth ₹513 crore and solar cells worth ₹47 crore. The delivery of these orders is scheduled to begin in December 2024 and will continue until May 2025.
The orders were secured from domestic customers and are structured as one-time contracts. The company confirmed that these transactions do not involve any related parties and that promoter groups have no interest in the entities awarding the contracts.
Published on November 6, 2024
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