Deals21 Apr 2026, 12:42 pm
Saatvik Green Energy's Subsidiary Bags ₹71.25 Cr Solar Module Order
AI Summary
Saatvik Green Energy Ltd announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured a significant domestic order valued at INR 71.25 Crores. The order, received from a renowned Independent Power Producer/EPC Player, is for the supply of Solar PV Modules. This commercial contract is expected to be executed by May 2026 and is not a related party transaction, reinforcing the company's position in the renewable energy sector.
Key Highlights
- Subsidiary secured a ₹71.25 Cr order for solar PV modules.
- Order received from a renowned Independent Power Producer/EPC Player.
- Domestic contract for solar PV modules.
- Execution of the order is expected by May 2026.