Browsing Tag
Naidupeta
3 posts
Premier Energies secures Rs 4,001cr solar orders as 7 GW TOPCon plant enters trial runs
Premier Energies Limited has secured ₹4,001 crore in second-quarter orders while expanding solar cell capacity to 10.6 GW. Its next challenge is converting new manufacturing capacity into profitable production as India tightens domestic solar sourcing requirements.
Premier Energies (NSE: PREMIERENE) expands solar capacity to 10.6 GW, but can its profits withstand a Rs 10,000cr investment cycle?
Premier Energies has reported a 30.3% EBITDA margin, a ₹15,000 crore order book and a major increase in solar cell capacity. However, rising debt, extensive capital expenditure and a proposed 12 GWh battery storage venture raise important questions about future cash generation and profitability.
Greenlam Industries to foray into plywood and particle board business
Greenlam Industries, an Indian laminate manufacturer, has announced its foray into the plywood and particle board business. The…