Gurugram: Saatvik
Green Energy Limited, one of India’s leading integrated solar-energy solutions
providers, announced that its material subsidiary, Saatvik Solar Industries
Private Limited, has received and accepted new orders aggregating to Rs 177.50
crores for the supply of high-efficiency solar photovoltaic (PV) modules.
These orders have been awarded
by reputed Independent Power Producers (IPPs) and EPC developers across India,
reinforcing Saatvik’s position as a trusted and preferred module supplier in
the country’s rapidly growing renewable energy landscape. The contracted
supplies will be executed as per agreed timelines in alignment with project
schedules across multiple states.
Commenting on the development,
Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “This
order further underscores the strong confidence that IPPs and EPC players place
in Saatvik’s quality, reliability, and delivery capabilities. The addition to
our order book of ₹177.50-crore strengthens our visibility for the coming
quarters and reflects the expanding market traction for our high-efficiency
modules. With a disciplined execution framework and an evolving manufacturing
footprint, we remain committed to supporting India’s ambitious renewable energy
targets while creating sustained value for our stakeholders.”
Saatvik continues to witness
strong demand across the utility, commercial, and industrial segments,
supported by its advanced manufacturing capabilities, robust quality processes,
and customer-centric approach.