Saatvik Green Energy Limited announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured solar photovoltaic (PV) module supply orders aggregating ₹9.63 crore from a renowned Independent Power Producer (IPP)/EPC player. The orders are scheduled to be executed by February 2026.
The latest win underscores sustained market demand for Saatvik’s domestically manufactured solar modules and reinforces the company’s growing footprint among leading developers and EPC contractors in India’s fast-expanding renewable energy ecosystem. The order reflects continued customer confidence in the company’s product quality, advanced manufacturing technology, and reliable execution capabilities.
Commenting on the development, Prashant Mathur, Chief Executive Officer of Saatvik Green Energy Limited, said the order validates the company’s manufacturing strength at a time when India is accelerating its renewable energy transition.
“This latest order reaffirms the strong market demand for reliable, high-quality solar modules and the trust that leading power producers and EPC players place in Saatvik’s manufacturing excellence. As India continues to scale up renewable energy adoption, we remain committed to delivering efficient, future-ready solar solutions while strengthening domestic manufacturing under the Make in India initiative,” Mathur said.
The ₹9.63 crore order adds to a robust pipeline built over recent months. Saatvik’s material subsidiary has earlier secured a ₹10.15 crore solar PV module order from a reputed power EPC player and a ₹13.80 crore module supply order from a renowned IPP/EPC player. In parallel, another group subsidiary, Saatvik Cleantech EPC Private Limited, won a ₹20.84 crore turnkey solar EPC contract. The group has also executed a ₹486 crore solar module order for a leading IPP/EPC player and a ₹30.24 crore solar pump order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the PM-KUSUM scheme.
On the manufacturing front, the company recently commissioned a 2 GW in-house EPE film manufacturing facility, enhancing vertical integration and supply-chain resilience. The expansion strengthens Saatvik’s positioning as a domestic manufacturing leader aligned with national renewable energy and self-reliance goals.
