Saatvik is a part of a bigger business group with diversified business activities with major interests in edible oil and oleo chemicals. The group has multiple manufacturing facilities for extraction and refining of edible oil, refining non-edible oil and manufacturing of soap.
The group has over 25 years of experience serving the highest quality products to FMCG giants in India. With the interests of the group lying in renewable energy, it forayed into solar panel manufacturing, hence setting up Saatvik Green Energy, in 2016.
Saatvik Green Energy is a new age solar technology company, involved in the manufacturing of high quality solar modules. The current product portfolio includes solar modules of all ranges starting from 40Wp up to 350Wp in both 4BB and 5BB. Saatvik uses both poly-crystalline and mono-crystalline cells to assemble these solar modules, coupled with multiple rounds of testing during and after the manufacturing process, ensuring the highest quality product for its esteemed customers. All module ranges have been certified to highest global quality standards.
At Saatvik Green Energy, we actively support the global effort to energise the world through alternate and greener sources of energy, by manufacturing and distributing world class solar photovoltaic modules, globally. We seek to attain and establish our position as the most reputed, customer centric, significant solar module provider to Solar Industry.
Saatvik’s mission is to lead the global transition to renewable energy in India. Our part to play in that transition is to deliver cost effective utility scale solar energy solutions to customers and governments through the set of cohesive company principles. These principles are the foundation of everything we do at Saatvik: Integrity. Safety. Innovation. Sustainability. Teamwork. Strategy. Respect.
Business Goals & Objectives:
As a business, we continuously seek to improve our products and services, to deliver the best quality to our clients. Given the vast amount of options in the industry, only a satisfied client leads to repeat purchases. We want to become a consumer centric company, by not only providing high quality products, but also research and innovate to make solar industry in India integrated and greener.
Saatvik wants to be a one stop solution for solar technology and services, and it is moving towards the ambitious goal, step by step. 2018 will see Saatvik expand from 200MW to 500MW annually, as it has made a mark as a rising star in solar module manufacturing. At present, when we view the industry holistically, there is an oversupply of solar companies throughout the value supply chain. Two valuables that are missing is quality and innovation. Rather than integrating vertically, we have strategically partnered with regional engineering companies to provide services to our customers.
The current product portfolio includes solar modules of all ranges starting from 40Wp up to 350Wp in both 4BB and 5BB. Saatvik uses both poly-crystalline and mono-crystalline cells to assemble these solar modules, coupled with multiple rounds of testing during and after the manufacturing process, ensuring the highest quality product for its esteemed customers. All module ranges have been certified to highest global quality standards, through a global certification body, TUV Rheinland.
Price competitiveness is the foremost issue faced by solar equipment manufacturers. As a fact, India still imports 88-90% of its total solar panel requirement. This gives a very limited breathing space to plethora of solar PV manufacturers in India. The inability to compete with imported equipment in terms of price, ultimately leads to fierce competition within the Indian manufacturers for limited number of avenues using Indian made solar PV equipment.
Quality Policy Of The Company: ISO ratings, standards & specifications etc.
Not only does Saatvik comply with ISO, but it has also implemented SAP H4 HANA which helps in automating a lot of manual processes, for superior records and quality implementation. If your people and processes are sorted, precision comes naturally, and we are a very quality conscious company, hence precision plays a very important role. To assist our people and processes, we have all necessary quality control/inspection equipment both in-line and in the laboratory, to ensure precision in our production for highest quality products.
Team & Management
Saatvik, being a young company, managed by people in 20’s and early 30’s, has very dynamical horizontal organizational structure. Saatvik believes in smaller team and greater efficiency. This way, every person working for Saatvik feels a sense of ownership.
Customers & Projects
Saatvik has been able to make a good portfolio of customers already, including India’s leading IPPs and solar developers, apart from regional and national EPC companies. Saatvik solar modules have been successfully installed at various government buildings, government utilities, railway stations, hotels and universities, such as Delhi Jal Board, DMRC, Western Railways, Ambala Airforce Station etc.
Saatvik’s constant strive towards quality, delivery and commitment has made its products lucrative to many clients, and will continue to do so in future.