Saatvik Green Energy Ltd has secured a solar photovoltaic (PV) module supply order worth ₹108.75 crore from a leading domestic independent power producer, strengthening its position in India’s growing utility-scale solar market.

The company confirmed that it has received and accepted the order, which is scheduled for execution by September 2026. The modules will be manufactured at Saatvik Green Energy’s production facility in Ambala, which currently has an installed manufacturing capacity of over 4.8 GW.

This latest order is expected to further enhance the company’s footprint in the domestic solar segment while adding to its expanding order book. It also reflects sustained demand for high-quality, locally manufactured solar components in India’s renewable energy sector.

Commenting on the development, CEO Prashant Mathur stated that the order win demonstrates strong customer confidence in the company’s product quality and execution capabilities. He emphasized that Saatvik Green Energy remains committed to supporting India’s rapidly growing clean energy ecosystem.

The development also underlines a broader industry trend, where power producers are increasingly opting for domestically manufactured solar modules. This aligns with India’s strategic focus on strengthening local manufacturing capabilities and reducing dependence on imports under initiatives promoting self-reliance.

With a strong pipeline and manufacturing base, Saatvik Green Energy continues to play a key role in advancing India’s renewable energy targets and accelerating the transition to sustainable power.