Image Source : BW Businessworld
Saatvik Green Energy Ltd has received a ₹486 crore commercial order for solar PV modules from a renowned domestic Independent Power Producer/EPC player. The order, to be executed by December 2026, will be fulfilled by its material subsidiary, Saatvik Solar Industries Pvt Ltd, reinforcing its leadership in India’s solar manufacturing sector
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Saatvik Green Energy Ltd has announced a major commercial win with a ₹486 crore order for the supply of solar photovoltaic modules. The order has been placed by a prominent domestic Independent Power Producer/EPC player and will be executed by its material subsidiary, Saatvik Solar Industries Pvt Ltd.
The contract is set to be fulfilled by December 2026 and does not fall under related party transactions. The company emphasized that the order reflects growing confidence in its manufacturing capabilities and strengthens its position in India’s renewable energy supply chain.
Saatvik’s modules are known for high efficiency and durability, making them a preferred choice for utility-scale solar projects. This order is expected to contribute significantly to the company’s revenue pipeline and aligns with India’s broader push toward clean energy adoption.
Key Highlights
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Order valued at ₹486 crore for solar PV modules
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Awarded by a leading domestic Independent Power Producer/EPC player
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Execution timeline set till December 2026
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Order to be fulfilled by Saatvik Solar Industries Pvt Ltd, a material subsidiary
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No promoter or related party involvement
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Strengthens Saatvik’s role in India’s solar manufacturing ecosystem
Sources: Saatvik Green Energy Ltd Exchange Filing, BSE India, saatvikgroup.com
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