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UPEX 2026

Saatvik Secures ₹638 Crore Order for G12R TOPCon Solar Modules

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Representational image. Credit: Canva

Saatvik Green Energy Limited, through its subsidiary Saatvik Solar Industries Private Limited, has secured an order worth ₹638.26 crore for the supply of advanced G12R TOPCon solar cell modules from a domestic solar module manufacturer.

The order is scheduled for execution by March 2027 and will leverage high-efficiency G12R TOPCon (DCR) technology, widely used in utility-scale and commercial solar projects. The company will support the supply through its manufacturing capacity of up to 600 MWp, as part of its ongoing efforts to scale operations.

According to CEO Prashant Mathur, the order reflects increasing industry demand for high-efficiency solar technologies and reinforces the company’s focus on strengthening its manufacturing capabilities to support India’s clean energy transition.

The development is expected to further enhance Saatvik’s position in the domestic solar value chain, particularly in the fast-growing solar cell segment. It also aligns with India’s broader push for self-reliance in renewable energy manufacturing under the ‘Make in India’ initiative.

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The order strengthens the company’s forward order book, providing long-term revenue visibility while underscoring growing market confidence in Saatvik Green Energy Limited’s technological capabilities, quality standards, and execution strength.


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