Saatvik Green secures Rs 87 crore solar module order
Author: PPD Team Date: February 26, 2026
Author: PPD Team Date: February 26, 2026
Saatvik Green Energy Limited has received and accepted an order worth Rs 87.10 crore from a reputed independent power producer (IPP) or engineering, procurement and construction (EPC) player for the supply of solar photovoltaic (PV) modules. The company disclosed the development in a regulatory filing dated February 25, 2026.
The order has been awarded by a domestic entity and is commercial in nature. Execution is scheduled for completion by March 2026, according to details in the exchange filing.
The company stated that neither the promoter, promoter group, nor group companies have any interest in the awarding entity. The transaction is not classified as a related party transaction.
The featured photograph is for representation only.
Author: PPD Team Date: July 15, 2025 Residents of Riga village in Arunachal Pradesh’s Siang district have given their consent to the state government’s proposal for a pre-feasibility report (PFR) on the Siang Upper Multipurpose Project, reported The Sentinel. The agreement was formalised through a memorandum of understanding signed during a meeting between Chief Minister Pema Khandu and village representatives in Itanagar. The support from Riga is being seen as a breakthrough, given that local…
Author: PPD Team Date: November 6, 2024 ACCIONA Energía has acquired two wind farms in Texas, Green Pastures I and Green Pastures II, each with a capacity of 150 MW. Located in Baylor and Knox Counties, these fully operational projects were acquired from private asset management firms for $202.5 million, boosting ACCIONA’s total installed capacity in the US. The two wind farms are integrated into the Electric Reliability Council of Texas (ERCOT) grid, which handles…
Author: PPD Team Date: January 21, 2025 Adani Energy Solutions Ltd (AESL) officially acquired Rajasthan Part I Power Transmission Ltd from REC Power Development & Consultancy Ltd (RECPDCL) on January 20, 2025. AESL emerged as the winning bidder with an annual transmission charge of Rs 35,570 million, outbidding three other contenders: Power Grid Corporation of India Ltd (PGCIL), Sterlite Power, and IndiGrid. The project, estimated to cost Rs 227 billion, involves setting up two 6,000…
Author: PPD Team Date: November 8, 2024 ScottishPower Renewables has awarded Seaway7 a contract for the transport and installation of inter-array cables for the 960 MW East Anglia TWO offshore wind project, located 33 km off England’s east coast in the North Sea. The contract involves the engineering, supply, and installation of 64 inter-array cables, with project execution managed from Seaway7’s Aberdeen office. Offshore operations are scheduled to commence in 2027. Awarded in the UK…
Author: PPD Team Date: April 14, 2025 The Central Electricity Authority (CEA) has launched STELLAR, a fully indigenous power planning software. The tool helps in planning generation, transmission, and storage while factoring in demand response. It will be shared free of cost with all states and distribution companies (Discoms). STELLAR stands for State of the Art Totally Indigenously Developed Resource Adequacy Model. It supports states in preparing Resource Adequacy plans as per the guidelines issued…
Author: PPD Team Date: April 3, 2025 Shell has decided to discontinue its solar and onshore wind power generation projects in Brazil, citing a portfolio adjustment, as reported by Reuters. The move reflects challenges in the country’s renewable sector, including energy oversupply, slow demand growth, and regulatory uncertainties. Documents from Brazil’s official gazette indicate that Shell is seeking to revoke rights for operating certain solar plants in central-west and northeastern Brazil. Despite this exit, Shell…