Saatvik Green Energy’s Subsidiary Secures ₹44.10 Crore Solar Module Order, Strengthening Order Book

Saatvik Green Energy Limited today announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order aggregating to ₹44.10 crores from a renowned Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules. The order is scheduled to be executed by March 2026.

This significant order win reinforces sustained demand for Saatvik’s high-quality solar modules and further strengthens the company’s growing footprint among leading IPP and EPC players in India’s expanding renewable energy sector. The development underscores continued customer confidence in Saatvik’s advanced manufacturing capabilities, product reliability, and timely execution track record.

Commenting on the development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said,
"Securing this ₹44.10 crore order reflects the strong market trust in our manufacturing excellence and consistent delivery capabilities. As India accelerates its renewable energy transition, we remain focused on strengthening domestic solar manufacturing, enhancing operational efficiencies, and delivering high-performance solar solutions that support the country’s clean energy ambitions."

This order adds to Saatvik Green Energy's robust order pipeline and consistent execution track record in recent months. The company has achieved several significant milestones, including its material subsidiary Saatvik Solar Industries Private Limited securing a ₹9.63 Crore Solar Module Order & ₹10.15 crore solar PV module supply order from a reputed power EPC player, a ₹13.80 crore solar PV module supply order from a renowned IPP/EPC player, its subsidiary Saatvik Cleantech EPC Private Limited winning a ₹20.84 crore turnkey solar EPC order, and a substantial ₹486 crore solar module order from a leading IPP/EPC player.

On the manufacturing front, Saatvik recently commissioned a 2 GW in-house EPE film manufacturing facility, strengthening vertical integration and advancing its position as a Make in India leader.

About Saatvik Green Energy Limited

Saatvik Green Energy Limited is one of India’s leading solar photovoltaic module manufacturers, with a strong presence across utility-scale, commercial & industrial, EPC, and distributed solar segments. The Company currently operates a 4.8 GW module manufacturing facility in Ambala, Haryana, and is developing a Greenfield integrated manufacturing facility in Odisha with 4 GW module and 4.8 GW solar cell capacity. With a focus on technology, quality, and execution, Saatvik aims to play a meaningful role in India’s renewable energy transition.