Premier Energies plans to invest Rs 6,000 cr over 3 years in ingot, wafer biz

Premier Energies is set to invest Rs 6,000 crore over three years to establish ingot and wafer manufacturing capabilities, aiming for full integration in India's solar sector. This move aligns with government policy mandating domestic production of these components from 2028. The company's broader Rs 12,500 crore capex plan also includes expanding cell and module capacity and venturing into inverters, batteries, and transformers.

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