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Saatvik Green Energy Wins Rs 7076.2mn Solar Module Orders

Gurugram, October 8, 2025 – Saatvik Green Energy Limited IPO  disclosed that it has won new significant solar PV module supply orders worth Rs 7076.2 million, boosting investor optimism.

The company announced two significant order wins in two different filings earlier this month. The holding company, Saatvik Green Energy Ltd, has been awarded orders aggregating Rs 4.88 billion by top Independent Power Producers (IPPs) and EPC contractors for home solar PV module supplies.

On the other hand, its material arm, Saatvik Solar Industries Private Limited, has won contracts worth Rs 2.1962 billion from three IPPs/EPCs. The two sets of contracts are repeat orders from local customers and are planned to be executed in FY26, reflecting the sustained momentum of demand in the solar EPC and IPP segments.

The firm assured that none of these contracts are related-party transactions and that promoters or group entities do not have any interest in the awarding entities, reflecting that all transactions were done on an arm’s length basis.

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