Saatvik Green Energy Limited (formerly Saatvik Green Energy Private Limited) announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth ₹17.99 crore from a renowned Independent Power Producer (IPP).
The order, for the supply of solar PV modules, reinforces Saatvik’s position in India’s rapidly growing renewable energy sector.
In a filing made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Saatvik Green Energy informed that its subsidiary has secured a domestic, repeat order for the supply of high-efficiency solar photovoltaic (PV) modules.
The company stated that the project will be executed by the end of December 2025. This latest contract showcases continued confidence from industry players in Saatvik’s manufacturing quality, reliability, and execution capabilities.
According to the company’s disclosure:
The order will be executed by Saatvik Solar Industries Private Limited, a key subsidiary that plays a central role in the group’s solar manufacturing operations.
Saatvik Green Energy continues to play an integral role in India’s clean energy transformation, manufacturing world-class solar modules for both domestic and international clients.
The company’s latest order aligns with India’s goal of achieving 500 GW of renewable energy capacity by 2030, and strengthens Saatvik’s market position in utility-scale solar supply chains.
Read More: NTPC Green Energy Share Price in Focus; Classified as Schedule ‘A’ CPSE by Government of India.
As of 29 October 2025, 14:36 PM, Saatvik Green Energy Limited was trading at ₹510.20, up ₹3.05 or 0.60% from its previous close of ₹507.15. The stock opened at ₹509.00, hit a high of ₹512.00, and a low of ₹498.30.
Saatvik Green Energy’s latest ₹17.99 crore order win highlights its growing credibility among power producers and its strengthening footprint in India’s renewable energy industry. With strong execution capabilities and a robust project pipeline, the company remains well-positioned to capitalise on the rising demand for solar energy solutions across the country.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: Oct 29, 2025, 2:41 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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