Mumbai
: Saatvik Green Energy Limited, one of India’s
fastest-growing renewable energy companies, has received an additional
order from Maharashtra State Electricity Distribution Co. Ltd.
(MSEDCL) for the design, manufacture, supply, transportation,
installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water
Pumping Systems (SPWPS) across identified farmer sites in
Maharashtra.
The additional order,
awarded under the Magel Tyala Saur Krushi Pump Yojana /
PM-KUSUM-B scheme, comprises the supply of 1,000 solar water
pumps of 3 HP, 5 HP, and 7.5 HP capacity, with an approximate order value
of ₹16.74 crore (exclusive of GST).
With
this latest order, the total order size from MSEDCL now stands at 1,815 solar
water pumps, aggregating to an approximate value of ₹30.24 crore
(exclusive of GST).
Under
the scope of the contract, Saatvik Green Energy Limited will also
provide complete system warranty, repair and maintenance services, and a
remote monitoring system for a period of five years, ensuring long-term
performance reliability for farmers. Installation and commissioning of the
systems will be completed within 60 days from the date of issuance of
the Notice to Proceed (NTP) / work order by the respective circle
office.
Commenting
on the development, Prashant Mathur, CEO, Saatvik Green Energy Limited,
said: “The receipt of this additional order from MSEDCL
reinforces the growing momentum in our solar pump business and reflects
continued confidence in Saatvik’s execution capabilities. Solar water pumps
play a critical role in enabling sustainable irrigation, reducing dependence on
diesel and grid power, and improving energy access for farmers. Through our
participation in PM-KUSUM, we remain committed to supporting India’s
agricultural and rural energy transition with reliable, domestically
manufactured solutions.”
This
order further strengthens Saatvik’s presence in the decentralised solar
and agricultural energy segment, a key focus area aligned with national
priorities around energy security, sustainable farming practices, and rural
electrification.
With
an expanding portfolio spanning solar modules, solar inverters, EPE film
manufacturing, EPC solutions, and solar pumps, Saatvik Green Energy Limited
continues to strengthen its position as a
trusted integrated clean-energy partner supporting India’s renewable energy
ambitions.