Saatvik Green Energy today announced that its arm, Saatvik Solar Industries, has received and accepted an order for the supply of solar PV modules worth INR 44.10 crore. The company said the order is placed by a renowned independent power producer (IPP)/EPC player. The module supply is scheduled to be executed by March 2026.
This order adds to Saatvik Green Energy’s robust order pipeline. In recent months, its arm Saatvik Solar Industries secured solar module supply orders worth INR 9.63 crore and INR 10.15 crore from EPC players, as well as an INR 13.80 crore module supply order from an IPP/EPC company. Its subsidiary Saatvik Cleantech EPC also won an INR 20.84 crore turnkey solar EPC order. Additionally, Saatvik has secured a substantial INR 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.
Saatvik Green Energy 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.
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