Saatvik Green Energy announced that its key subsidiary, Saatvik Solar Industries, has received a ₹13.80 crore order from a prominent Independent Power Producer (IPP)/EPC firm for the supply of solar photovoltaic (PV) modules. The delivery of the order is scheduled to be completed by February 2026.
This new contract highlights Saatvik Solar’s strong standing in India’s fast-growing solar module manufacturing industry and reflects the trust leading IPPs and EPC players place in the company’s product quality and timely 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.
