Saatvik Green Energy Limited has announced that it has secured and accepted an order worth ₹108.75 crore for the supply of solar PV modules from a domestic Independent Power Producer (IPP). The company confirmed that the execution of the order is scheduled for completion by September 2026.
The latest order highlights the growing confidence among power sector stakeholders in Saatvik’s manufacturing strength, product reliability, and consistent execution capabilities. With an operational module manufacturing capacity of 4.8 GW at its facility in Ambala, the company is strategically positioned to meet large-scale project requirements while maintaining quality benchmarks.
Commenting on the development, Prashant Mathur stated that the order serves as a strong validation of the company’s product quality and execution track record. He further emphasized Saatvik’s commitment to supporting India’s accelerating renewable energy capacity expansion by acting as a reliable supply partner to leading power producers.
The order win strengthens Saatvik’s presence in the utility-scale solar segment and contributes to its expanding order pipeline. It also aligns with the broader objectives of the Make in India program, which aims to boost domestic manufacturing and enhance energy self-sufficiency.
Industry trends indicate a rising preference among IPPs for locally manufactured, high-performance solar modules, positioning Saatvik to capitalize on this demand through its expanding production capabilities and ongoing investments in advanced solar technologies.
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