Gurugram : Saatvik Green Energy Limited today announced that its
material subsidiary, Saatvik Solar Industries Private Limited, has secured an
order worth ₹13.80 crores from a renowned Independent Power Producer (IPP)/EPC
player for the supply of solar photovoltaic (PV) modules. The Order will be
executed by February 2026.
This order win reinforces Saatvik Solar's strong market
position in India's rapidly expanding solar module manufacturing sector and
underscores the growing confidence of leading IPPs and EPC players in the
company's product quality and delivery capabilities.
Commenting on the development, Prashant
Mathur, CEO, Saatvik Green Energy Limited, said: “We are delighted to secure this significant order
worth INR 13.80 Crores from a leading Independent Power Producer/EPC Player.
This win is a testament to the quality, reliability, and technological
excellence of our solar PV modules. As India accelerates its renewable energy
transition, Saatvik remains committed to delivering world-class solar solutions
that power the nation's clean energy ambitions. This order reinforces the trust
our clients place in Saatvik's innovative products."
This latest order adds to Saatvik Green Energy's impressive
momentum in recent months. The company has achieved several notable milestones,
including its subsidiary Saatvik Cleantech EPC Private Limited securing a
₹20.84 crore turnkey solar EPC order, a substantial ₹486 crore solar module
order from a renowned IPP/EPC player, and winning solar pump orders totaling
approximately ₹30.24 crore from MSEDCL under the PM-KUSUM scheme. On the
manufacturing front, Saatvik commissioned a 2 GW in-house EPE film
manufacturing facility, strengthening vertical integration and advancing 'Make
in India' leadership.