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Saatvik Green Secures Rs6.9 Billion Solar Module Supply Orders

Oct 16, 2025

Saatvik Green Energy Limited has clinched solar module supply orders worth Rs6.9 billion from multiple Indian independent power producers (IPPs) and engineering, procurement, and construction (EPC) contractors. The orders pertain to the delivery of high-efficiency solar modules for upcoming renewable energy projects.


The total order is divided into two segments. The first contract, valued at Rs506.2 million, was awarded directly to Saatvik Green Energy and is slated for completion by November 2025. The second, larger order worth Rs6.39 billion, was bagged by Saatvik Solar Industries, a wholly owned subsidiary of Saatvik Green. This order is scheduled to be fulfilled by June 2026.


In September 2025, the company also received a Letter of Award from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the installation of 1,500 solar water pumping systems under the Component B Scheme (2025–2026).


Earlier in January 2025, Saatvik Green had secured two solar EPC contracts from the Himachal Pradesh Power Corporation Limited (HPPCL), totaling 23 MW in capacity, further strengthening its position as a major player in India’s solar manufacturing and implementation landscape.