Saatvik Green Energy Ltd announced that it has received and accepted a solar PV module supply order worth ₹87.10 crore from a leading independent power producer (IPP) and EPC company. The order is scheduled for execution by March 2026. The contract strengthens the company’s growing order book and reinforces its position in India’s expanding solar manufacturing sector.
Strengthening Customer Confidence and Market Position
Prashant Mathur, CEO of Saatvik Green Energy Ltd, stated, “This new order further validates the strength of our customer relationships and the confidence placed in Saatvik’s manufacturing quality and execution capabilities.” He added that as demand for reliable, domestically manufactured solar modules continues to rise, the company remains focused on scaling operations responsibly. At the same time, Saatvik aims to deepen backward integration and support India’s clean energy and self-reliance goals through high-performance solar solutions.
Scaling Manufacturing and Backward Integration
Saatvik Green Energy currently operates a 4.8 GW solar module manufacturing facility in Ambala, Haryana. In addition, the company is developing a Greenfield integrated manufacturing facility in Odisha. Furthermore, the company has recently commissioned a 2 GW in-house EPE film manufacturing facility, enhancing its vertical integration strategy. By expanding upstream capabilities, Saatvik aims to improve supply chain efficiency, reduce dependency on imports, and strengthen cost competitiveness.
Supporting India’s Clean Energy Ambitions
As India accelerates its renewable energy transition and pushes for greater domestic manufacturing under self-reliance initiatives, Saatvik Green Energy continues to position itself as a key player in the solar value chain. As reported by pv-magazine-india.com, the company can capitalise on rising demand for high-quality, Made-in-India solar PV modules. This growth is supported by its expanding order book, increased manufacturing capacity
