Deals15 Sept 2026, 05:40 pm
Saatvik Green Energy Secures ₹1,041.63 Cr Order from SECI
AI Summary
Saatvik Green Energy Limited has been awarded and accepted a significant order from Solar Energy Corporation of India Limited (SECI) for the supply of Solar PV Modules. The aggregate value of this order is INR 1,041.63 crores. The order is for a commercial nature and is to be executed by December 2027. This marks a substantial business win for Saatvik Green Energy, reinforcing its position in the solar energy sector. The company has confirmed that promoters or their group entities do not have any interest in SECI, and the transaction does not fall under related party transactions.
Key Highlights
- Saatvik Green Energy awarded ₹1,041.63 crore order from SECI.
- Order is for the supply of Solar PV Modules.
- Execution of the order is expected by December 2027.
- No promoter interest in the awarding entity.
- Transaction is not a related party transaction.
Price Impact
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