
Business Update22 Jul 2026, 07:00 pm
Saatvik Green Energy Subsidiary Secures ₹138 Cr Solar Module Order
AI Summary
Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Ltd, has received and accepted an order worth INR 138 Crores for the supply of Solar PV Modules. The order comes from a renowned Independent Power producer/EPC Player and is a commercial contract. The execution of this order is expected to be completed by December 2026. This significant order underscores the growing demand for solar energy solutions and strengthens the subsidiary's position in the renewable energy sector. The company has confirmed that promoters or their group entities have no interest in the awarding entity, and it does not fall under related party transactions.
Key Highlights
- Subsidiary Saatvik Solar receives INR 138 Cr order for Solar PV Modules.
- Order to be executed by December 2026.
- Customer is a renowned Independent Power producer/EPC Player.
- No promoter interest in the awarding entity.
- Transaction is commercial in nature.
Price Impact
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