Saatvik Green Energy Ltd has secured an order worth ₹171.45 crore for the supply of solar photovoltaic (PV) modules, according to a regulatory filing dated May 26, 2026. The order has been received from a domestic independent power producer and EPC player.
The company stated that the contract has already been accepted and will be executed by October 2026.
In the filing, Saatvik Green Energy described the customer as a “renowned independent power producer/EPC player”. The company did not disclose the name of the entity awarding the contract.
The agreement relates to the commercial supply of solar PV modules for domestic projects. The company said the total value of the orders received and accepted stands at ₹171.45 crore.
Saatvik Green Energy also clarified that the transaction is not a related party transaction. According to the filing, neither the promoter group nor group companies have any interest in the entity that awarded the order.
Saatvik Green Energy Ltd, formerly known as Saatvik Green Energy Private Limited, operates in the solar energy sector and supplies solar PV modules for renewable energy projects. The company is part of the Saatvik Group.
The company’s corporate office is located in Gurugram, Haryana, while its registered office is situated in Ambala district, Haryana.
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As of 27 May 2026, 11:20 am, Saatvik Green Energy share price was trading at ₹458.70, up 0.98% from the previous closing price.
The company stated that the commercial order for solar PV modules has been accepted and execution is scheduled by October 2026.
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Published on: May 27, 2026, 11:30 AM IST
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