Saatvik Green Energy Limited has announced that it has been awarded a significant contract by Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its advanced N-TOPCon 580Wp solar modules. The total value of the contract is estimated to be ₹302 crore. This collaboration aims to strengthen Maharashtra’s renewable energy infrastructure and support the state’s ongoing initiatives towards cleaner and sustainable energy solutions.
The deployment of these state-of-the-art modules will play a critical role in expanding Maharashtra’s renewable energy capacity. MAHAGENCO, one of India’s leading power generation companies, has chosen Saatvik’s N-TOPCon 580Wp modules for their superior efficiency, performance, and ability to deliver enhanced energy output even in challenging environmental conditions.
“This order not only underscores our commitment to driving innovation and excellence in solar technology but also highlights our ability to deliver on large-scale, time-sensitive projects,” said Prashant Mathur, CEO of Saatvik Green Energy. “Our N-TOPCon modules have been designed to meet the highest industry standards, ensuring sustainable energy generation for years to come. We look forward to contributing to Maharashtra’s renewable energy goals.”
Winning this contract reaffirms Saatvik Green Energy’s growing reputation as a trusted provider of high-efficiency solar technologies in the renewable energy sector. The N-TOPCon 580Wp modules, selected by MAHAGENCO, are among the most advanced in Saatvik’s portfolio. These modules are engineered to maximise energy output and efficiency, reflecting the company’s focus on quality and innovation.
Saatvik Green Energy is actively pursuing key technological innovations to remain at the forefront of the renewable energy sector. The company is not only developing high-efficiency solar PV modules, such as half-cut modules and premium modules with advanced features like ‘0 buzz bar’ and ‘24 buzz bar’ technology, but it is also exploring investments in electrolyser battery manufacturing and storage solutions. These initiatives are aimed at enhancing energy storage capabilities and catering to the increasing demand for high-efficiency solar modules in both domestic and international markets.
MAHAGENCO’s decision to partner with Saatvik Solar is a testament to the company’s ability to provide cutting-edge, reliable solar solutions. By choosing the N-TOPCon 580Wp modules, Maharashtra is set to boost its renewable energy capacity, aligning with the state’s mission to lead India’s green energy transition. This partnership is expected to facilitate the deployment of high-efficiency solar projects across various locations in Maharashtra, contributing to a more sustainable future.
With a robust R&D infrastructure and in-house manufacturing capabilities, Saatvik Green Energy continues to solidify its position as a key player in the renewable energy sector.
