One of India’s best-known independent power producers (IPP) and EPC players has placed an order with Saatvik Green Energy Ltd for solar PV modules worth INR 87.10 crore. The order is due to be completed by March 2026, which will give the company clear revenue visibility and strengthen its position in India’s solar manufacturing sector.
Commenting on the order, Prashant Mathur, CEO of Saatvik Green Energy Ltd, said, “This new order further validates the strength of our customer relationships and the confidence placed in Saatvik’s manufacturing quality and execution capabilities. As demand for reliable, domestically manufactured solar modules continues to grow, we remain committed to scaling our operations responsibly, deepening backward integration, and supporting India’s clean energy and self-reliance goals through dependable, high-performance solar solutions.”
Strengthening Order Pipeline
This new order is another project for Saatvik Green Energy, which is already busy with a lot of them. The company recently got orders for solar modules worth INR 563.68 crore and a turnkey solar EPC order worth INR 20.84 crore through its subsidiary, Saatvik Cleantech EPC. This shows that the company is growing in both manufacturing and project execution.
Manufacturing and Vertical Integration
Saatvik Green Energy has a factory in Ambala, Haryana, where it makes 4.8 GW modules. The company is also building a new factory in Odisha that will have 4 GW of module and 4.8 GW of solar cell capacity. The company also recently opened a 2 GW in-house EPE film manufacturing facility, which makes its vertical integration even stronger. These steps make Saatvik Green Energy a key player in India’s domestic solar supply chain.They help the country become energy independent and meet the growing market demand at the same time.
Supporting India’s Clean Energy Goals
The INR 87.10 crore order shows that Saatvik Green Energy is dedicated to making things of high quality in India, finishing projects on time, and growing in a way that is good for the environment. India is still working to increase its capacity for renewable energy. The company’s efforts to grow its operations, improve its manufacturing capabilities, and deepen its backward integration will be very important in helping the country become self-sufficient in solar energy and move forward with its clean energy agenda.
Saatvik Green Energy is ready to stay a reliable partner for solar PV projects all over India and help the country reach its renewable energy goals. The company has a strong order pipeline, advanced manufacturing capabilities, and plans for strategic growth.
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