Saatvik Green Energy Limited announced that it has received and accepted an order aggregating to Rs 108.75 crores for the supply of Solar PV Modules from a renowned domestic Independent Power Producer. The order is scheduled to be executed by September 2026.
The order underscores the growing confidence of power sector players in Saatvik’s manufacturing capabilities, product quality, and timely execution track record. With its 4.8 GW module manufacturing facility in Ambala, Haryana, Saatvik is well-positioned to fulfil this order while maintaining its high standards of quality and performance across large-scale solar deployments.
Commenting on the development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “This order win is a strong endorsement of our product quality and execution capabilities. As India continues to accelerate its renewable energy capacity addition, we remain committed to being a trusted supply partner for leading power producers and contributing meaningfully to the country’s clean energy goals.”
This order further consolidates Saatvik’s position as a preferred domestic supplier in the utility-scale solar segment and adds to the Company’s growing order book. It also aligns with India’s push for energy self-sufficiency under the ‘Make in India’ initiative by driving demand for domestically manufactured solar components.
The win reflects the increasing preference among Independent Power Producers for high-quality, reliable, and locally manufactured solar modules, a trend that Saatvik is well-placed to capitalise on, backed by its expanding manufacturing footprint and ongoing investments in next-generation solar technologies.
