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Saluja
Surender Saluja
Rank #1293
INDIA•Energy•Solar energy

Surender Saluja

Net Worth
$3.271B
-2.99% (24h)
Surender Saluja, a self-made Indian industrialist, is the founder and chairman of Premier Energies. At 79 years old, his net worth is estimated at $2.9 billion. His wealth stems from his pioneering work in the solar energy sector, with Premier Energies being a key player in India's renewable energy push. Saluja's career spans over three decades, marked by his Bachelor of Engineering degree from Karnataka University and his dedication to building Premier Energies into a significant solar cell and module manufacturer. He is recognized for his leadership in guiding Premier Energies to a successful IPO in September 2024.

How to read Surender Saluja's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Surender Saluja, we anchor the narrative to Solar energy and Solar energy, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $3.271B alongside global rank #1293, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Education

Surender Saluja was born in Mirpur, now part of Pakistan-occupied Kashmir, and his family moved to India during the Partition in 1947. He earned a Bachelor of Engineering degree from Karnataka University, which provided a strong foundation for his career in manufacturing.

Rise to Success

Saluja's entrepreneurial journey began in 1995 when he founded Premier Energies in Hyderabad. Recognizing the potential of solar energy early on, Saluja started the company with a vision to contribute to the renewable energy sector. His foresight led Premier Energies to become a leading solar cell and module manufacturer in India. A significant milestone was Premier Energies' IPO in September 2024, which debuted on the Indian stock exchanges at a 120% premium, reflecting strong investor confidence in the company's prospects.

Key Business Strategies

Premier Energies, under Saluja's leadership, focused on capacity expansion and vertical integration within India's solar value chain. The company operates five manufacturing units in Hyderabad and is known for its innovative technology in crafting photovoltaic products and solutions. Saluja's son, Chiranjeevi Saluja, serves as the Managing Director, ensuring a family-led succession plan.

Philanthropy

There is no public record of significant philanthropic activity by Surender Saluja or Premier Energies. The focus has primarily been on the growth and expansion of the business.

Career Timeline

2024

Premier Energies IPO

Premier Energies debuted on the Indian bourses in September 2024 at a 120% premium to the issue price.

2007

National Award for Outstanding Entrepreneurship

Awarded by the Ministry of Micro, Small and Medium Enterprises, Government of India.

1995

Founded Premier Energies

Established Premier Energies in Hyderabad.

1969

Graduated with a Bachelor of Engineering

Graduated in mechanical engineering from Karnatak University, Dharwad, Karnataka.

Key Business Ventures & Holdings

CompanyStakeValue
Premier Energies——

Net Worth History

In-Depth Analysis

Early Life and Education

Surender Saluja was born in Mirpur, now part of Pakistan-occupied Kashmir, and his family moved to India during the Partition in 1947. He earned a Bachelor of Engineering degree from Karnataka University, which provided a strong foundation for his career in manufacturing.

Rise to Success

Saluja's entrepreneurial journey began in 1995 when he founded Premier Energies in Hyderabad. Recognizing the potential of solar energy early on, Saluja started the company with a vision to contribute to the renewable energy sector. His foresight led Premier Energies to become a leading solar cell and module manufacturer in India. A significant milestone was Premier Energies' IPO in September 2024, which debuted on the Indian stock exchanges at a 120% premium, reflecting strong investor confidence in the company's prospects.

Key Business Strategies

Premier Energies, under Saluja's leadership, focused on capacity expansion and vertical integration within India's solar value chain. The company operates five manufacturing units in Hyderabad and is known for its innovative technology in crafting photovoltaic products and solutions. Saluja's son, Chiranjeevi Saluja, serves as the Managing Director, ensuring a family-led succession plan.

Philanthropy

There is no public record of significant philanthropic activity by Surender Saluja or Premier Energies. The focus has primarily been on the growth and expansion of the business.

Data Sources & Methodology

Figures for Surender Saluja are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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