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Saatvik Green Energy and its subsidiary have secured orders worth INR 689.47 crore for supplying high-efficiency solar PV modules, with part of the orders to be executed by November 2025 and the rest by mid-2026. The orders, received from multiple established IPPs and EPC developers across India, reinforce strong partner confidence. With a current module capacity of 3.8 GW, expansions in Haryana, and a new greenfield facility in Odisha, Saatvik is set to strengthen its presence in India's growing solar energy sector, addressing both utility-scale and commercial project demands.
Saatvik Green Energy, one of India's integrated solar-energy solutions providers, has announced that it and its subsidiary, Saatvik Solar Industries Pvt Ltd, have received orders totaling INR 689.47 crore for the supply of high-efficiency solar PV modules. Advertisement
The orders include INR 50.62 crore directly booked by Saatvik Green Energy, scheduled for execution by November 2025, while its subsidiary, Saatvik Solar Industries, has secured orders worth INR 638.85 crore, to be completed by mid-2026. These orders have been received from several reputed Independent Power Producers (IPPs) and EPC developers across India, reflecting strong trust in the company's technology and delivery capabilities.
Prashant Mathur, CEO of Saatvik Green Energy, mentioned that the cumulative order value of nearly INR 690 crore strengthens revenue visibility for the company and highlights the confidence of long-term partners in Saatvik's solutions. The company provides end-to-end solar solutions, including manufacturing high-efficiency PV modules and offering EPC services for utility-scale, commercial, and industrial projects.
As of June 30, 2025, Saatvik Green Energy operates a module manufacturing capacity of 3.8 GW, with an additional 1 GW capacity under expansion at its Ambala facility in Haryana. The company is also developing a greenfield facility in Odisha, which will feature 4 GW module capacity and 4.8 GW solar cell manufacturing capacity. These expansions are expected to further enhance the company's ability to meet growing domestic demand for solar energy.
Over the past few years, Saatvik has steadily increased its presence in India's solar sector, focusing on high-efficiency technology and large-scale projects. The company's recent order book demonstrates its continued growth trajectory and the demand for reliable solar solutions in the country's expanding renewable energy market.
Source PTI
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