Saatvik Solar Secures ₹108.75 Crore Order from Domestic IPP

• Received an order worth Rs 108.75 crore for the supply of Solar PV Modules from a renowned domestic Independent Power Producer.
• Order scheduled to be executed by September 2026.
• This win reinforces Saatvik’s strong position in the utility-scale solar segment and its growing domestic order pipeline.

Gurugram, 9^th April, 2026: Saatvik Green Energy Limited today announced that it has received and accepted an order aggregating to Rs 108.75 crores for the supply of Solar PV Modules from a renowned domestic Independent Power Producer. The order is scheduled to be executed by September 2026.

The order underscores the growing confidence of power sector players in Saatvik’s manufacturing capabilities, product quality, and timely execution track record. With its 4.8 GW module manufacturing facility in Ambala, Haryana, Saatvik is well-positioned to fulfil this order while maintaining its high standards of quality and performance across large-scale solar deployments.

Commenting on the development, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “This order win is a strong endorsement of our product quality and execution capabilities. As India continues to accelerate its renewable energy capacity addition, we remain committed to being a trusted supply partner for leading power producers and contributing meaningfully to the country’s clean energy goals.”

This order further consolidates Saatvik’s position as a preferred domestic supplier in the utility-scale solar segment and adds to the Company’s growing order book. It also aligns with India’s push for energy self-sufficiency under the ‘Make in India’ initiative by driving demand for domestically manufactured solar components.

The win reflects the increasing preference among Independent Power Producers for high-quality, reliable, and locally manufactured solar modules, a trend that Saatvik is well-placed to capitalise on, backed by its expanding manufacturing footprint and ongoing investments in next-generation solar technologies.

About Saatvik Green Energy Limited

Saatvik Green Energy Limited is one of India’s leading solar photovoltaic module manufacturers, with a strong presence across utility-scale, commercial & industrial, EPC, and distributed solar segments. The Company currently operates a 4.8 GW module manufacturing facility in Ambala, Haryana, and is developing a Greenfield integrated manufacturing facility in Odisha with 4 GW of module capacity and 4.8 GW of solar cell capacity. With a focus on technology, quality, and execution, Saatvik aims to play a meaningful role in India’s renewable energy transition.