Saatvik secures Rs 6.89 billion solar module orders across India

Saatvik Green Energy Limited and its subsidiary Saatvik Solar Industries Private Limited have received solar photovoltaic (PV) module supply orders worth Rs 6.89 billion from independent power producers and engineering, procurement, and construction developers across India.

Of the total, Saatvik Green Energy received Rs 0.51 billion in orders, scheduled for execution by November 2025. Its subsidiary, Saatvik Solar Industries, secured Rs 6.38 billion in orders, with completion targeted by June 2026.

Saatvik currently operates 3.8 GW of module manufacturing capacity and is expanding by another 1 GW at its Ambala facility in Haryana. The company also plans to establish a greenfield manufacturing unit in Odisha to strengthen production capacity and support India’s renewable energy targets.

Saatvik produces high-efficiency PV modules using mono-PERC and N-TOPCon technologies, designed to deliver higher energy yield, improved durability, and adaptability for utility-scale and industrial applications.