Saatvik Solar secures Rs 9.63 crore domestic PV module order
Author: PPD Team Date: February 9, 2026
Author: PPD Team Date: February 9, 2026
Saatvik Green Energy Limited has informed stock exchanges that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a domestic supply order valued at Rs 9.63 crore for solar photovoltaic (PV) modules from an independent power producer and engineering, procurement and construction (EPC) player.
In a regulatory filing dated February 6, 2026, the company said the order involves the supply of solar PV modules and has been awarded by a domestic entity. The contract has been categorised as a commercial order. Saatvik Green Energy stated that the transaction does not qualify as a related party transaction and that the promoters of the company have no interest in the entity placing the order.
The company said the order is scheduled to be executed by February 2026.
The featured photograph is for representation only.
Author: PPD Team Date: February 10, 2026 Ceigall India Limited has received a Letter of Award (LOA) from Rewa Ultra Mega Solar Limited for an integrated renewable energy project in Madhya Pradesh with an estimated value of around Rs 1,700 crore. The LOA, dated February 9, 2026, covers the development of Unit 1 at the Morena Solar Park. The scope includes a 220 MW solar power project integrated with a Battery Energy Storage System (BESS)….
Author: PPD Team Date: July 2, 2025 The Philippines Department of Energy (DOE) has released its first policy framework to guide the commercial development and operation of nuclear power plants. According to Malaya Business Insight, the policy allows for small modular reactors (SMRs), micro-modular reactors (MMRs), and floating nuclear plants, reflecting global trends in scalable and low-carbon technologies. The framework sets a target of integrating a 1,200 MW nuclear plant into the Philippine energy mix…
Author: PPD Team Date: January 20, 2026 India’s power distribution utilities have reported a consolidated Profit After Tax (PAT) of Rs 2,701 crore in FY 2024–25, marking a shift after several years of losses. The figures cover distribution companies and power departments and were released by the Ministry of Power on 18 January 2026. The sector’s return to profitability contrasts with a loss of Rs 25,553 crore in FY 2023–24 and a loss of Rs…
Author: PPD Team Date: December 18, 2024 Japan’s industry ministry has released a draft of its new basic energy plan, targeting a power generation mix with 40–50% renewable energy and 20% nuclear energy by fiscal 2040, as reported by Jiji Press via The Japan News. The draft marks a major shift from policies following the 2011 Fukushima disaster, removing language on reducing nuclear reliance. Instead, it includes strategies to rejuvenate ageing reactors and develop next-generation…
Author: PPD Team Date: November 5, 2024 Gensol Engineering Limited has won a Rs 7.8 billion turnkey engineering, procurement, and construction (EPC) contract from a major public sector utility in Maharashtra for a 150 MW ground-mounted solar PV plant. The project, slated for completion within 15 months, covers land acquisition, design, engineering, procurement, manufacturing, installation, testing, and commissioning, alongside infrastructure development to connect to the STU substation. The contract also includes three years of operation…
Author: PPD Team Date: October 28, 2024 India has drafted a proposal seeking $70 million in financing from the Climate Investment Funds (CIF) to enhance energy storage systems (ESS) and grid projects under the Renewable Energy Integration Investment Plan (REI IP), a joint effort by the Ministry of Finance and the Ministry of New and Renewable Energy (MNRE). Of the requested amount, $5 million will support technical assistance, project preparation, and capacity building. The initiative…