Saatvik Green Energy secures a
significant ₹87.10 crore solar PV module supply order, strengthening its order
book and market position.
The win highlights sustained customer
confidence in Saatvik’s integrated manufacturing capabilities and execution
strength.
The order adds to a series of recent
high-value wins, reinforcing the Company’s strong growth momentum in India’s
renewable energy sector.
Gurugram : Saatvik
Green Energy Limited, one of India’s fastest-growing fully integrated renewable
energy company listed on the BSE & NSE, today announced that it has
received and accepted an order aggregating to Rs 87.10 crores from a renowned Independent Power Producer (IPP)/EPC
player for the supply of solar photovoltaic (PV) modules. The order is scheduled
to be executed by March 2026.
This significant order win reinforces sustained
demand for Saatvik’s high-quality solar modules and further strengthens the
Company’s growing footprint among leading IPP and EPC players in India’s
expanding renewable energy sector. The development underscores continued
customer confidence in Saatvik’s advanced manufacturing capabilities, product
reliability, and timely execution track record.
Commenting on the development, Mr. Prashant
Mathur, CEO, Saatvik Green Energy Limited, said, “This
new order further validates the strength of our customer relationships and the
confidence placed in Saatvik’s manufacturing quality and execution capabilities.
As demand for reliable, domestically manufactured solar modules continues to
grow, we remain committed to scaling our operations responsibly, deepening
backward integration, and supporting India’s clean energy and self-reliance
goals through dependable, high-performance solar solutions.”
This order further strengthens
Saatvik Green Energy’s robust and
rapidly expanding order pipeline and reinforces its proven, consistent and high-quality execution
track record in recent months. The Company has delivered a series of notable and strategically important wins,
including a recently secured ₹44.10 crore solar PV module supply order, ₹9.63
crore and ₹10.15 crore solar module supply orders, a ₹13.80 crore solar PV
module supply order, a ₹20.84 crore turnkey solar EPC order secured by its
subsidiary Saatvik Cleantech EPC Private Limited, and a landmark ₹486 crore
solar module order, collectively underscoring Saatvik’s strong market traction and growing leadership in the domestic
solar manufacturing ecosystem.
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.