Gurugram, India – May 11, 2025: Saatvik Green Energy Limited (SGEL), one of India’s fastest-growing module manufacturing companies, successfully concluded its participation at UP Energy Expo 2025, held from May 8–10, 2025 at the Indira Gandhi Pratishthan, Lucknow.
The expo, centered on advancing solar energy, electric mobility, and smart grid solutions under landmark initiatives such as the PM Surya Ghar Muft Bijli Yojana, UP Solar Energy Policy, and National Electric Mobility Mission Plan (NEMMP), served as a dynamic platform for policymakers, developers, EPC players, and investors to chart Uttar Pradesh’s clean energy future.
Saatvik’s booth attracted widespread interest from developers, EPC contractors, government representatives, and investors, showcasing its flagship N-TopCon solar modules alongside the company’s integrated EPC and O&M services, designed to support residential, commercial, and large-scale utility projects across the state.
“Saatvik’s participation at UP Energy Expo 2025 reaffirmed our commitment to enabling Uttar Pradesh’s energy transformation through technology, execution excellence, and partnerships,” said Prashant Mathur, CEO, Saatvik Green Energy Limited. “We were privileged to engage with stakeholders aligned with our vision for a cleaner, greener, and smarter energy ecosystem for the state.”
Key highlights of Saatvik’s participation:
-Demonstrated advanced solar modules optimized for Uttar Pradesh’s high solar incidence regions
-Engaged with EPC firms, project developers, and public-sector leaders driving state-level renewable energy projects
-Participated in discussions on policy, financing, and scaling adoption of rooftop solar, utility-scale solar, energy storage, and EV infrastructure under UP’s clean energy roadmap
The event reinforced Saatvik’s role as a trusted solutions partner supporting Uttar Pradesh’s clean energy goals, including meeting targets under PM Surya Ghar Muft Bijli Yojana and enhancing grid resilience through sustainable innovations.
About Saatvik Green Energy Limited
Headquartered in Gurugram, Saatvik is one of India’s leading module manufacturers, in terms of operational solar PV module manufacturing capacity, with an operational capacity of approximately 3.8 GW modules as of February 28, 2025.
The company offers Mono PERC and N-TopCon modules, EPC services, and O&M capabilities. Its products cater to residential, commercial, industrial, and utility-scale segments with a focus on sustainability, reliability, and performance.
Disclaimer:
SAATVIK GREEN ENERGY LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, an initial public offering of its Equity Shares and has filed the DRHP with SEBI and Stock Exchanges on March 13, 2025. The DRHP is available on the websites of SEBI, BSE and NSE at www.sebi.gov.in, www.bseindia.com and www.nseindia.com, respectively, and on the websites of the Book Running Lead Managers i.e. DAM Capital Advisors Limited at www.damcapital.in, Ambit Private Limited at www.ambit.co and Motilal Oswal Investment Advisors Limited at www.motilaloswalgroup.com, respectively and also at the website of the Company at https://saatvikgroup.com/Potential investors should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” on page 54 of the DRHP. Potential investors should not rely on the DRHP for making any investment decision.
The Equity Shares offered in the Offer have not been and will not be registered under the U.S. Securities Act of 1933, as amended (“U.S. Securities Act”), or any state securities laws in the United States, and unless so registered may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, such Equity Shares are being offered and sold (i) outside of the United States in offshore transactions in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur; and (ii) within the United States to “qualified institutional buyers” (as defined in Rule 144A under the U.S. Securities Act), pursuant to the private placement exemption set out in Section 4(a) of the U.S. Securities Act.
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