Gurugram : Saatvik Green Energy Limited
announced that its wholly-owned subsidiary, Saatvik Cleantech EPC Private
Limited, has secured a significant order worth ₹20.84 crores from a renowned
solar developer for a comprehensive turnkey Engineering, Procurement, and
Construction (EPC) project. The project is scheduled to be completed by the end
of March 2026.
The contract encompasses the
complete scope of Design, Engineering, Procurement, Supply, Testing, and
Commissioning of a solar power project, reinforcing Saatvik Cleantech's growing
capabilities in the renewable energy sector.
Commenting on the
development, Prashant Mathur, CEO, Saatvik Green Energy Limited, said:
“We are delighted to
announce this significant order win for our subsidiary, Saatvik Cleantech EPC
Private Limited. This milestone contract demonstrates the growing confidence in
our technical capabilities and execution excellence in delivering end-to-end
solar solutions. As India accelerates its transition to clean energy, we remain
committed to delivering world-class solar infrastructure that drives the
nation's renewable energy ambitions. This project strengthens our order book
and positions us well for continued growth in the rapidly expanding solar EPC
sector."
This latest order adds to Saatvik Green Energy's impressive
momentum in recent months. The company has achieved several notable milestones,
including securing 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.