Saatvik Solar Industries secures new orders worth Rs 177.5 crore

Saatvik Green Energy Limited has reported that its material subsidiary, Saatvik Solar Industries Private Limited, has received new domestic orders for solar PV module supply valued at Rs 177.50 crore. The orders were placed by an established Independent Power Producer and EPC firm, indicating steady demand for the company’s products.

The company said the orders are classified as repeated, reflecting an ongoing commercial relationship with the client. All deliveries are scheduled for completion in November and December 2025, which shows the subsidiary’s ability to execute within tight timelines.

The orders add to the company’s expanding pipeline and strengthen its position in the domestic solar manufacturing market. Saatvik noted that the disclosure was made under Regulation 30 of the SEBI Listing Regulations. It added that the orders are domestic, do not involve related parties, and that the promoters have no interest in the awarding entity.