·
Secured a Rs
638.26 crore order for the supply of G12R solar cells, with execution scheduled
by March 2027.
·
Order will
be delivered using advanced G12R TOPCon (DCR) technology, supporting
high-efficiency solar deployments.
·
Cumulative production capacity of up
to around 600 MWp
Gurugram : Saatvik Green Energy
Limited’s subsidiary, Saatvik Solar Industries Private Limited, today announced that it has received and
accepted an order aggregating to Rs 638.26
crores for the supply of advanced Solar Cell G12 R Type modules
from a reputed solar modules manufacturer. The order is scheduled to be executed by March 2027.
The supply will leverage advanced
G12R TOPCon (DCR) technology, known for its high efficiency and performance in
large-scale solar applications. With a cumulative production capacity of up to
600 MWp, the Company continues to scale its manufacturing capabilities to meet
rising demand across utility-scale and commercial solar projects. This order
also aligns with company’s expansion plans of strengthening its cell manufacturing
footprint.
Commenting on the development, Mr. Prashant
Mathur, CEO, Saatvik Green Energy Limited, said, “This order reflects the growing industry
shift towards high-efficiency solar cell technologies and reaffirms our
commitment to supporting India’s clean energy transition through reliable,
high-performance solutions. We continue to invest in advanced manufacturing and
strengthen our capabilities to meet evolving market requirements.”
The order further strengthens Saatvik’s
position as a key player in the domestic solar value chain, particularly in the
high-growth solar cell segment. It also aligns with India’s broader push for
self-reliance in renewable energy manufacturing under the ‘Make in India’
initiative. With a strong pipeline of orders and ongoing investments in
next-generation technologies, Saatvik remains focused on expanding its
integrated manufacturing footprint and delivering sustainable growth across the
renewable energy sector.
This substantial win highlights increasing
demand for high-efficiency, domestically manufactured solar components and
underscores strong customer confidence in Saatvik’s technological capabilities,
quality standards, and execution reliability. The order also strengthens the
Company’s forward order book and provides long-term revenue visibility.