Saatvik Solar secures INR 302 crore contract to supply PV modules to MAHAGENCO

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Saatvik Green Energy today announced that it has won a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of its n-type TOPCon 580 Wp modules to various locations across Maharashtra.

The total value of the order is estimated to be INR 302 crore.

Saatvik Green Energy has 3.8 GW of module manufacturing capacity as of FY24-25 with strategic expansion plans in progress. The company is developing PV modules with advanced zero-busbar and 24-busbar technology. In addition to module manufacturing, it is exploring investments in electrolyser and battery manufacturing.

 

 

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