Gurugram, November 5, 2025 – Saatvik Green Energy Limited (BSE: 544526, NSE: SAATVIKGL), a prominent player in the renewable energy sector, today announced a significant business development. The company’s material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted new orders aggregating to ₹299.40 Crores.
The orders, awarded by three renowned domestic Independent Power Producers (IPPs) and EPC players, are for the supply of solar photovoltaic (PV) modules. This substantial contract underscores the industry’s confidence in Saatvik’s manufacturing capabilities and product quality.
Key Details of the Orders:
- Value: ₹299.40 Crores
- Product: Solar PV Modules
- Clients: Three renowned domestic Independent Power Producers/EPC players
- Execution Timeline: December 2025 to March 2026
- Nature of Orders: Repeated, indicating continued satisfaction from existing clients.
In a regulatory filing submitted to the BSE Limited and the National Stock Exchange of India Limited, the company confirmed that these orders do not constitute a Related Party Transaction and that the promoters have no interest in the entities that awarded the contracts.
This new order book significantly enhances Saatvik Green Energy’s revenue visibility for the upcoming fiscal quarter. The successful execution of these orders is expected to contribute substantially to the company’s financial performance and reinforce its position as a key supplier in India’s rapidly growing solar energy market.
The company has stated that this information is also available on its official website, https://saatvikgroup.com/.
About Saatvik Green Energy Limited:
Saatvik Green Energy Limited (formerly Saatvik Green Energy Private Limited) is part of the Saatvik Group. The company is engaged in the renewable energy sector, with a focus on solar power. Its material subsidiary, Saatvik Solar Industries Private Limited, is involved in the manufacturing and supply of solar PV modules.
For further information, please contact:
Bhagya Hasija
Company Secretary & Compliance Officer
Saatvik Green Energy Limited
Website: https://saatvikgroup.com/
Email: info@saatvikgroup.com
Corporate Office: Tower A, IFFCO Complex, Plot No. 3, Sector 32, Gurugram, Haryana- 122001.
Registered Office: Village Dubli, V.P.O. Bhita, Tehsil Ambala, Haryana- 133101, India.
Disclaimer: Not a SEBI Registered Analyst
I am not a SEBI Registered Investment Adviser or Research Analyst. All information shared is for educational and informational purposes only and is not intended as a substitute for professional financial advice. All opinions expressed herein are based on my personal observations and research. They do not constitute a recommendation or a solicitation to buy, sell, or hold any security. Investments in the securities market are subject to market risks. The value of investments may go up or down. Past erformance is not indicative of future results.
You are solely responsible for your own investment decisions. You should conduct your own research and consult with a qualified financial advisor before making any investment based on the information provided here.
I may or may not hold positions in the securities mentioned. This is a personal blog/platform, and I have no relationship with the companies mentioned unless explicitly stated – Editor
Visit https://inworldnews.com/ for more