
Business Update3 Sept 2026, 01:31 pm
Saatvik Green Energy Subsidiary Secures ₹297.5 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 297.5 Crores for the supply of Solar PV Modules. The order comes from two renowned Independent Power producers/EPC Players and is expected to be executed by March 2027. This significant order underscores the subsidiary's growing presence in the renewable energy sector and contributes to the company's overall business development. The transaction is classified as commercial and domestic, with no promoter interest involved.
Key Highlights
- Subsidiary Saatvik Solar receives INR 297.5 Cr order for Solar PV Modules.
- Order from two renowned Independent Power producers/EPC Players.
- Execution of the order is scheduled by March 2027.
- Transaction is domestic and commercial in nature.
- No promoter or related party interest in the awarding entities.
Price Impact
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