Saatvik Green Energy Subsidiary Secures Rs 400 Cr Solar Module Order
By ThePip Desk
Saatvik Solar Industries, a subsidiary of Saatvik Green Energy, has won a Rs 400.16 crore order for solar PV modules, with completion by March 2027.
Saatvik Green Energy’s material subsidiary, Saatvik Solar Industries, has successfully secured a substantial new order valued at Rs 400.16 crore. This significant contract involves the crucial supply of Solar PV Modules, destined for a renowned Independent Power producer/EPC Player, with execution slated for completion by March 2027.
Key Financials & Timeline
- New Order Value: Rs 400.16 crore
- Execution Target: March 2027
- Prior Contract: Rs 138 crore
This latest achievement clearly signals an upward trajectory for Saatvik Solar Industries, significantly bolstering its market presence within the competitive renewable energy sector. The consistent engagement with a “renowned Independent Power producer/EPC Player” suggests a robust reputation and sustained demand for their specialized Solar PV Modules and services.
Integrated Approach to Solar Solutions
The parent company, Saatvik Green Energy, along with its various subsidiaries, maintains a core focus on the manufacturing of high-quality Solar Photovoltaic Modules. Beyond just production, the group also extends its expertise into comprehensive Engineering, Procurement, and Construction (EPC) services, offering an integrated suite of solutions for solar power projects.
The repeated securing of substantial contracts, including this Rs 400.16 crore order and a prior Rs 138 crore agreement, firmly establishes Saatvik’s expanding operational capacity and growing footprint in the dynamic solar power landscape.