Saatvik Green Energy Secures Rs 87.10 Crore Solar Module Order, Strengthening Order Book
Mumbai, 26th February 2026: Saatvik Green Energy Limited, one of India’s fastest-growing fully integrated renewable energy company listed on the BSE & NSE, today announced that it has received and accepted an order aggregating to Rs 87.10 crores from a renowned Independent Power Producer (IPP)/EPC player for the supply of solar photovoltaic (PV) modules. The order is scheduled to be executed by March 2026.
This significant order win reinforces sustained demand for Saatvik’s high-quality solar modules and further strengthens the Company’s growing footprint among leading IPP and EPC players in India’s expanding renewable energy sector. The development underscores continued customer confidence in Saatvik’s advanced manufacturing capabilities, product reliability, and timely execution track record.
Commenting on the development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “This new order further validates the strength of our customer relationships and the confidence placed in Saatvik’s manufacturing quality and execution capabilities. As demand for reliable, domestically manufactured solar modules continues to grow, we remain committed to scaling our operations responsibly, deepening backward integration, and supporting India’s clean energy and self-reliance goals through dependable, high-performance solar solutions.”
This order further strengthens Saatvik Green Energy’s robust and rapidly expanding order pipeline and reinforces its proven, consistent and high-quality execution track record in recent months. The Company has delivered a series of notable and strategically important wins, including a recently secured ?44.10 crore solar PV module supply order, ?9.63 crore and ?10.15 crore solar module supply orders, a ?13.80 crore solar PV module supply order, a ?20.84 crore turnkey solar EPC order secured by its subsidiary Saatvik Cleantech EPC Private Limited, and a landmark ?486 crore solar module order, collectively underscoring Saatvik’s strong market traction and growing leadership in the domestic solar manufacturing ecosystem.
On the manufacturing front, Saatvik recently commissioned a 2 GW in-house EPE film manufacturing facility, strengthening vertical integration and advancing its position as a Make in India leader.
About Saatvik Green Energy Limited
Saatvik Green Energy Limited is one of India’s leading solar photovoltaic module manufacturers, with a strong presence across utility-scale, commercial & industrial, EPC, and distributed solar segments. The Company currently operates a 4.8 GW module manufacturing facility in Ambala, Haryana, and is developing a Greenfield integrated manufacturing facility in Odisha with 4 GW module and 4.8 GW solar cell capacity. With a focus on technology, quality, and execution, Saatvik aims to play a meaningful role in India’s renewable energy transition.