Premier Energies Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as a private limited company with the name “Premier Solar Systems Private Limited” under the provisions of the Companies Act, 1956, at Hyderabad, India, pursuant to a certificate of incorporation dated April 3, 1995, issued by the Registrar of Companies, Andhra Pradesh. Subsequently, pursuant to a Board resolution dated May 6, 2019 and a resolution passed at an extraordinary general meeting dated July 25, 2019, the name of our Company was changed to “Premier Energies Private Limited” and a fresh certificate of incorporation dated August 6, 2019 was issued by the RoC. Upon the conversion of our Company into a public limited company, pursuant to a Board resolution dated September 3, 2019 and a Shareholders’ resolution dated September 4, 2019, the name of our Company was changed to “Premier Energies Limited” and a fresh certificate of incorporation dated September 25, 2019 was issued by the RoC.

Major Events and Milestones:

2011

• Established a solar cell line with an annual capacity of 75 MW and a solar module line with an annual capacity of 100 MW in Unit I.

2017

• Expanded the installed capacity of the solar module line in Unit I by 370 MW

2021

• Established a fully integrated 500 MW capacity solar cell line and a 750 MW capacity solar module line in Unit II

2022

• Expanded the installed capacity of the solar cell and module lines in Unit II by 250 MW and 150 MW, respectively

2023

• Established a solar cell line in Unit III with an annual capacity of 1,250 MW

• Established a solar module line in Unit IV with an annual capacity of 1,600 MW

• Expanded the installed capacity of the solar module line in Unit II by 500 MW

2024

• Established a solar module line in Unit V with an annual capacity of 100 MW

• Expanded the installed capacity of the solar module line at Unit V by 1,034 MW