Bengaluru: Saatvik Green Energy Limited, one of India’s top makers of solar PV modules, achieved a big commercial milestone: confirmed orders worth more than INR 700 crores to deliver high-efficiency solar PV modules to important participants in the Indian renewable energy market.
The parent firm, Saatvik Green Energy Ltd., got orders worth INR 488 crores. Its material subsidiary, Saatvik Solar Industries Pvt. Ltd., got more contracts at INR 219.62 crores. All orders are set to be delivered in FY 2025–26, and they come from EPCs and IPPs who have worked with the Saatvik brand before. This shows that they trust the brand for the long term.
Mr Prashant Mathur, CEO of Saatvik Green Energy Limited, remarked, “These wins are a strong vote of confidence in Indian manufacturing. At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions.” These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability.”
India is quickly building up its renewable energy infrastructure through the National Solar Mission, and these orders are part of that. The government’s “Make in India” and “Aatmanirbhar Bharat” programs are very much in line with Saatvik’s steady stream of orders and growing capacity.
India’s move towards energy independence and sustainable development would not be possible without the company’s strong manufacturing environment and established track record.