Saatvik Green Energy Limited announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a Rs 17.99 crore order from a renowned independent power producer (IPP) for the supply of solar photovoltaic (PV) modules.
Key contract details
According to the company’s filing under Regulation 30 of SEBI (LODR) Regulations, 2015, the order is domestic and classified as a repeat order, underscoring the client’s continued trust in Saatvik’s quality and execution standards. The project is scheduled to be completed by the end of December 2025, the company stated in its official disclosure.
Saatvik clarified that there is no promoter or group company interest in the entity awarding the order and that the transaction does not fall under related party transactions.
About Saatvik Green Energy
Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, is part of the Saatvik Group, headquartered in Gurugram, Haryana, with a registered office in Ambala, Haryana. The company is one of India’s rapidly growing solar module manufacturers, catering to both domestic and international clients through advanced, high-efficiency PV module solutions.
The disclosure was signed by Bhagya Hasija, Company Secretary and Compliance Officer, and filed with both the BSE (Scrip Code: 544526) and NSE (Symbol: SAATVIKGL) on October 28, 2025.
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