Repeat orders from leading IPPs and EPC players reinforce Saatvik’s position as a trusted partner in India’s energy transition
Gurugram, November 06, 2025. Saatvik Green Energy Limited (“Saatvik” / “the Company”), one of India’s leading integrated solar-energy solutions providers, today announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted new orders aggregating to ₹299.40 Crore for the supply of solar photovoltaic (PV) modules. The orders have been placed by three reputed Independent Power Producers (IPPs) and EPC players in India, further strengthening Saatvik’s visibility in the fast-growing domestic solar market.
These are repeat orders for the supply of solar PV modules and will be executed between December 2025 and March 2026, aligning with the project timelines of the respective developers. All orders are from domestic counterparties, reflecting continued confidence in Saatvik’s manufacturing capabilities, product reliability, and on-time delivery track record.
Commenting on this development, Mr. Prashant Mathur, Chief Executive Officer, Saatvik Green Energy Limited, said: “These fresh repeat orders worth nearly ₹300 Crore from leading IPPs and EPCs are a strong vote of confidence in Saatvik’s quality, scale, and execution reliability. They come on the back of a robust first half of FY26, where we have significantly strengthened our manufacturing base and broadened our product portfolio. As India accelerates its renewable energy deployment, bankable partners with dependable supply chains become critical. Saatvik and its material subsidiary are firmly positioned in that space, combining high-efficiency modules, expanding capacities, and disciplined delivery to support our customers’ ambitious project timelines across the country.”
This win further augments Saatvik’s growing order book and complements its strategic investments in multi-location manufacturing, including its 4.8 GW module facility at Ambala, Haryana, and the upcoming integrated 4 GW module + 4.8 GW solar cell greenfield facility in Odisha, which is being developed to support India’s long-term solar ambitions.
About Saatvik Green Energy Limited
Saatvik Green Energy Limited is an integrated solar energy solutions provider engaged in the manufacturing of high-efficiency photovoltaic (PV) modules and offering EPC services for utility-scale, commercial, and industrial projects. As of 30 September 2025, the Company operates a module manufacturing capacity of approximately 4.8 GW at its facility in Ambala, Haryana. Saatvik is also developing a greenfield facility in Odisha with integrated 4 GW module and 4.8 GW solar cell manufacturing capacity, positioning the company as a multi-location, integrated player at the core of India’s renewable energy build-out.
For more information, please visit: www.saatvikgroup.com
For Further Information
Media Contact
Himanshu Singhal, Saatvik Green Energy Limited
Phone: +91 98111 43435
Email: himanshu.singhal@saatvikgroup.com
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