Saatvik Green Energy Subsidiary Secures Rs 132 Cr Solar Module Order
By ThePip Desk
Saatvik Solar Industries, a subsidiary of Saatvik Green Energy, has won a Rs 132 crore order for Solar PV Modules, with completion set for January 2027. Read more.
Saatvik Solar Industries, a significant material subsidiary operating under Saatvik Green Energy, has successfully secured and formally accepted a substantial new order. This contract carries an aggregate value of Rs 132 crore, marking a notable business achievement for the entity.
The recently awarded mandate is specifically focused on the comprehensive supply of Solar Photovoltaic (PV) Modules. This crucial project is slated for full execution and completion by January 2027, establishing a definitive timeline for its delivery.
Strategic Project Wins
This latest order builds upon the subsidiary’s established track record of securing major contracts. Earlier, Saatvik Solar Industries had successfully obtained a separate, substantial order valued at Rs 476 crore from Vikran Engineering, demonstrating consistent project acquisition capabilities.
Saatvik Green Energy, along with its various subsidiaries, maintains a core operational focus within the renewable energy sector. Their primary business activities encompass the manufacturing of Solar Photovoltaic Modules and the provision of comprehensive Engineering, Procurement, and Construction (EPC) services related to solar energy infrastructure.