Saatvik & its material subsidiary Saatvik Solar Secures ₹689 Cr Solar PV Module Orders

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Saatvik Green Energy, a prominent solar energy solutions provider in India, has announced that it has secured new orders worth ₹689.47 crores. These orders involve the supply of high-efficiency solar PV modules and come from several well-known Independent Power Producers (IPPs) and EPC developers across the country.

The orders comprise: 

1.  ₹50.62 Crores worth of solar PV module supply received directly by Saatvik Green Energy Limited, to be executed by November 2025. 

2. ₹638.85 Crores worth of orders received by its material subsidiary, Saatvik Solar Industries Private Limited, to be executed by June 2026. 

These contracts reaffirm Saatvik’s strong position as a trusted module supplier in India’s fast-growing renewable energy sector, driven by consistent performance, product reliability, and a robust order book across the utility, commercial, and industrial segments. 

Commenting on the development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “These large repeat orders from leading IPPs and EPCs underline Saatvik’s reputation for delivering quality, scale, and dependability. Our expanding manufacturing footprint and customer-centric approach continue to position us as a preferred partner for India’s energy transition journey. The cumulative order value of nearly ₹690 Crores further strengthens our revenue visibility and underscores the confidence of our long-term partners. With disciplined execution and strong financial fundamentals, we remain committed to delivering sustained growth and value creation.”