Saatvik Solar Industries, a material subsidiary of Saatvik Green Energy Limited, has bagged a domestic order worth ₹57.03 crore from a renowned Independent Power Producer/EPC player for the supply of solar photovoltaic (PV) modules. The order is slated for execution by March 2026.
Saatvik Green Energy Limited has officially notified the exchanges under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, underscoring the company’s growing footprint in India’s renewable energy sector.
Market Impact And Strategic Significance
This order strengthens Saatvik’s position in the solar manufacturing ecosystem, aligning with India’s push for sustainable energy solutions. The deal highlights the company’s ability to secure large-scale commercial contracts and reinforces its credibility among leading power producers.
Order Details
The order, valued at ₹57.03 crore, involves the supply of solar PV modules to a domestic client. It is purely commercial in nature, with no related party transactions or promoter group interests involved. Execution is expected by March 2026, ensuring timely delivery to support India’s renewable energy expansion.
Key Highlights
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Order size: ₹57.03 crore
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Client: Renowned Independent Power Producer/EPC player
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Nature: Commercial, domestic supply of solar PV modules
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Execution timeline: By March 2026
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No related party transactions involved
Sources: Saatvik Green Energy Limited exchange filing, company website.