Saatvik Green Energy Subsidiary Secures Rs 20.84 Crore Solar EPC Order

Saatvik Green Energy Limited announced that its wholly-owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured a significant order worth Rs 20.84 crores from a renowned solar developer for a comprehensive turnkey Engineering, Procurement, and Construction (EPC) project. The project is scheduled to be completed by the end of March 2026.

The contract encompasses the complete scope of Design, Engineering, Procurement, Supply, Testing, and Commissioning of a solar power project, reinforcing Saatvik Cleantech's growing capabilities in the renewable energy sector.

Commenting on the development, Prashant Mathur, CEO, Saatvik Green Energy Limited, said: “We are delighted to announce this significant order win for our subsidiary, Saatvik Cleantech EPC Private Limited. This milestone contract demonstrates the growing confidence in our technical capabilities and execution excellence in delivering end-to-end solar solutions. As India accelerates its transition to clean energy, we remain committed to delivering world-class solar infrastructure that drives the nation's renewable energy ambitions. This project strengthens our order book and positions us well for continued growth in the rapidly expanding solar EPC sector."

This latest order adds to Saatvik Green Energy's impressive momentum in recent months. The company has achieved several notable milestones, including securing a substantial Rs 486 crore solar module order from a renowned IPP/EPC player, and winning solar pump orders totaling approximately Rs 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.

About Saatvik Green Energy Limited

Founded in 2015, Saatvik Green Energy Limited is a leading Indian renewable energy company offering end-to-end solar solutions across manufacturing and deployment. The company serves utility-scale, commercial, residential, and agricultural segments, supporting India’s transition towards a sustainable and energy-secure future. The Company operates a 4.8 GW module manufacturing facility in Ambala, Haryana. Saatvik is also developing a greenfield integrated facility in Odisha with 4 GW module and 4.8 GW solar cell manufacturing capacity, positioning the company as a multi-location, vertically integrated player at the core of India’s renewable energy build-out.