Saatvik Green Energy Share Price in Focus; Bags ₹177.50 Crore Solar Module Order

Saatvik Green Energy Ltd has reported that its material subsidiary, Saatvik Solar Industries Private Ltd, has received orders totalling ₹177.50 crore. As per the exchange filings, the orders are from a recognised independent power producer/EPC player. They cover only the supply of solar photovoltaic (PV) modules, with no additional terms mentioned in the filing.  

The orders are classified as repeated, indicating they come from an existing business relationship. 

Execution Timeline and Nature of the Contract 

The company stated that the supply will be carried out between November and December 2025. The orders are fully domestic and do not involve international entities. Saatvik clarified that neither the promoter nor the promoter group has any interest in the awarding party. It also confirmed that the contracts do not fall under related-party transactions. 

Details Shared with the Exchanges 

The update was submitted to both the BSE and NSE. The company provided the required information through Annexure A, confirming the total value, nature of the order, and execution window. The details have also been made available on the company’s website, as stated in the filing. The company did not disclose any commercial terms beyond the contracted supply of PV modules. 

Saatvik Green Energy Background  

Saatvik Green Energy describes itself as a solar PV module manufacturer with an operational capacity of about 3.80 GW. In addition to module manufacturing, the company works in EPC and O&M services across solar installations. These activities form part of its broader presence in the domestic solar segment. The filing did not provide updates on capacity expansion or new projects outside the module supply order. 

Saatvik Green Energy Share Price Performance 

As of 18 November 2025,10:41 am, Saatvik Green Energy share price was trading at ₹459.45, a 1.35% decline from the previous closing price.   

Read More: Pace Digitek Secures ₹929 Crore Order from MSPGCL for 200 MWAC Solar Project! 

Conclusion 

The accepted order adds another set of scheduled deliveries to the company’s pipeline for late 2025. The contract mainly expands the confirmed supply workload for the subsidiary during that period. 

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