Saatvik Green Energy Limited announced that its subsidiary, Saatvik Solar Industries Private Limited, received a repeat domestic order worth Rs 17.99 crore from a leading independent power producer for the supply of solar PV modules. The project is slated for completion by December 2025, strengthening Saatvik’s clean energy portfolio.
Saatvik Green Energy Limited has informed the exchanges that its material subsidiary, Saatvik Solar Industries Private Limited, has secured a fresh order valued at Rs 17.99 crore from a renowned independent power producer (IPP). The contract involves the supply of solar photovoltaic (PV) modules and is categorized as a repeat domestic order, highlighting the company’s reliability and consistent delivery track record in India’s solar energy ecosystem.
The order is expected to be fully executed by the end of December 2025. This development reinforces Saatvik’s growing presence in the renewable energy sector, as the company continues to expand its portfolio with high-value contracts and partnerships across the clean-tech landscape.
Major Takeaways:
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Order Value: Rs 17.99 crore for solar PV module supply.
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Client: A reputed domestic Independent Power Producer (IPP).
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Order Type: Repeat order, indicating continued client trust.
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Execution Timeline: Completion expected by December 2025.
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Strategic Impact: Strengthens Saatvik’s foothold in India’s solar manufacturing segment.
Sources: Corporate filing to BSE and NSE on October 28, 2025.