Premier Energies Limited — Important, 13-12-2024: Capacity addition

The Capex Committee of Directors and the Board of Directors of Premier Energies Global Environment Private Limited have approved the establishment of a 1 GW Solar Photovoltaic TOPCon Module manufacturing facility in Telangana at TGIIC's leased premises. The project is set to be completed by March 2025 and adds to the previously planned manufacturing capacity. This strategic move positions the company to capitalize on the growing demand for solar energy solutions, potentially enhancing their competitive edge in the renewable energy sector. Investors should watch closely for future updates on progress and implications for growth.