Saatvik Green Energy Ltd, a Gurugram-based manufacturer of high-efficiency solar photovoltaic modules, has secured new supply orders exceeding INR 700 crore (~ $84 million) from engineering, procurement, and construction contractors and independent power producers across India. According to Saatvik, all deliveries are scheduled within the current financial year. The parent firm obtained contracts worth INR 488 crore (~ $58.6 million), while its material subsidiary, Saatvik Solar Industries, received orders totaling INR 219.62 crore (~ $26.4 million). These repeat orders reflected continued trust from existing partners in Saatvik’s technology standards and production reliability. Chief Executive Officer Prashant Mathur said the orders demonstrated growing confidence among EPCs and IPPs in the company’s manufacturing capacity and product quality. Saatvik Green Energy currently supplies modules to utility-scale, commercial, and industrial solar developers, aligning its production with India’s expanding demand for reliable domestic solar components.
Saatvik Green Energy wins INR 700 crore solar module orders in India
Saatvik Green Energy and subsidiary Saatvik Solar Industries secured over INR 700 crore solar PV module orders from leading EPCs and IPPs for delivery this financial year.
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