Gurugram | December 22, 2025. Saatvik Green Energy Limited, one of India’s fastest-growing renewable energy companies, has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order aggregating to ₹486 crore from a renowned Independent Power Producer / EPC player for the supply of solar photovoltaic (PV) modules.
The order, which has been awarded by a domestic entity and is commercial in nature, is scheduled to be executed by December 2026. This significant order reinforces Saatvik’s growing role as a trusted domestic solar manufacturing partner, supporting India’s accelerating transition towards self-reliant, reliable, and scalable clean-energy solutions. With strong demand from IPP and EPC players, Saatvik continues to strengthen its presence across utility-scale and large commercial solar projects that are central to India’s renewable-energy roadmap.
Commenting on the development, Prashant Mathur, CEO, Saatvik Green Energy Limited, said: “This order reflects continued confidence from leading industry players in Saatvik’s manufacturing capabilities, quality standards, and execution reliability. As India scales up its renewable-energy capacity, domestically manufactured solar modules will play a critical role in ensuring energy security and long-term sustainability. Building a strong clean-energy ecosystem is integral to nation-building. Orders such as this reaffirm our commitment to supporting India’s renewable-energy ambitions through consistent performance, technology-led manufacturing, and responsible growth.”
Through its expanding solar manufacturing footprint and integrated clean-energy offerings, Saatvik Green Energy Limited continues to align its growth with India’s national priorities, strengthening domestic manufacturing, enabling large-scale renewable deployment, and contributing meaningfully to the country’s clean-energy and infrastructure transformation.
About Saatvik Green Energy Limited
Founded in 2015, Saatvik Green Energy Limited is a leading Indian renewable energy company offering end-to-end solar solutions across manufacturing and deployment. The company serves utility-scale, commercial, residential, and agricultural segments, supporting India’s transition towards a sustainable and energy-secure future. The Company operates a 4.8 GW module manufacturing facility in Ambala, Haryana. Saatvik is also developing a greenfield integrated facility in Odisha with 4 GW module and 4.8 GW solar cell manufacturing capacity, positioning the company as a multi-location, vertically integrated player at the core of India’s renewable energy build-out.
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