Gurugram : Saatvik Green Energy Limited today announced that its
material subsidiary, Saatvik Solar Industries Private Limited, has received and
accepted orders aggregating to ₹9.63 crores for the supply of solar
photovoltaic (PV) modules from a renowned Independent Power Producer/EPC
player. The order will be executed by February 2026.
This order win further demonstrates the sustained market
demand for Saatvik's high-quality manufacturing capabilities and reinforces the
company's growing presence among leading industry players in India's rapidly
expanding solar manufacturing ecosystem. The order reflects continued customer
confidence in Saatvik's product quality, advanced technology, and reliable
execution track record.
Commenting on the
development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited said,
"This latest order reaffirms the
strong market demand for reliable, high-quality solar modules and the trust
that leading power producers and EPC players place in Saatvik's manufacturing
excellence. As India continues to accelerate its renewable energy adoption, we
remain committed to delivering efficient, future-ready solar solutions while
strengthening domestic manufacturing capabilities under the Make in India
initiative."
This order adds to Saatvik Green Energy's robust order
pipeline and consistent execution track record in recent months. The company
has achieved several significant milestones, including its material subsidiary
Saatvik Solar Industries Private Limited securing a ₹10.15 crore solar PV
module supply order from a reputed power EPC player, a ₹13.80 crore solar PV
module supply order from a renowned IPP/EPC player, its subsidiary Saatvik
Cleantech EPC Private Limited winning a ₹20.84 crore turnkey solar EPC order,
and a substantial ₹486 crore solar module order from a leading IPP/EPC player. Additionally, Saatvik
Green Energy Limited also secured a ₹30.24 crore solar pump order from
MSEDCL under the PM-KUSUM scheme.
On the manufacturing front, Saatvik recently commissioned a
2 GW in-house EPE film manufacturing facility, strengthening vertical
integration and advancing its position as a Make in India leader.