Saatvik Green Energy Secures ₹689 Crore Orders, Strengthening India’s Solar PV Supply Leadership – EQ
In Short : Saatvik Green Energy and its subsidiary have secured solar PV module supply orders worth ₹689.47 crore from multiple power producers and EPC firms across India. The orders include ₹50.62 crore for Saatvik Green Energy and ₹638.85 crore for its arm, to be executed by mid-2026, reinforcing the company’s strong presence in India’s renewable energy sector.
In Detail : Saatvik Green Energy and its subsidiary, Saatvik Solar Industries, have recently secured new orders totaling ₹689.47 crore for the supply of solar PV modules. The orders reflect strong demand from Independent Power Producers (IPPs) and EPC firms across India. This achievement underlines the company’s growing reputation in the renewable energy manufacturing and supply sector.
Of the total orders, ₹50.62 crore has been directly awarded to Saatvik Green Energy, scheduled for execution by November 2025. Meanwhile, the subsidiary, Saatvik Solar Industries, will fulfill ₹638.85 crore worth of orders, expected to be delivered by June 2026. The staggered timelines ensure smooth production and supply chain management.
These new contracts demonstrate confidence in Saatvik’s high-quality solar modules and its ability to meet large-scale project requirements. The company’s technological capabilities and proven track record have positioned it as a preferred partner for utility-scale and commercial solar installations.
Saatvik’s manufacturing infrastructure includes a current module production capacity of 3.8 GW, with an additional 1 GW expansion underway in Ambala, Haryana. The company is also planning a greenfield facility in Odisha to further strengthen its production capabilities and support India’s renewable energy growth.
The company specializes in high-efficiency PV modules, including mono-PERC and N-TOPCon technologies. These technologies enable higher energy yield, durability, and adaptability to diverse project requirements, making Saatvik modules suitable for large-scale solar farms and industrial installations.
With these new orders, Saatvik reinforces its strategic role in India’s clean energy transition. The projects will contribute to increasing renewable energy capacity, reducing carbon emissions, and supporting the nation’s ambitious renewable energy targets.
Investors and industry stakeholders have welcomed the announcement, seeing it as a sign of the company’s robust order book and revenue visibility. The consistent demand highlights the trust and reliability associated with Saatvik’s products and services.
The company’s growth strategy focuses on scaling production, enhancing technological innovation, and expanding its presence in both domestic and international renewable energy markets. This ensures that Saatvik remains competitive and contributes meaningfully to the global clean energy transition.
By securing ₹689.47 crore in orders, Saatvik Green Energy and its subsidiary demonstrate strong operational efficiency, market credibility, and long-term growth potential. These developments underscore their commitment to powering India’s renewable energy expansion and supporting the country’s sustainable energy future.
