Saatvik Green Energy Subsidiary Secures ₹44.10 Crore Solar Module Supply Order

Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a significant domestic order worth ₹44.10 crore. 

The contract involves the supply of solar photovoltaic (PV) modules to a reputed Independent Power Producer (IPP) and Engineering, Procurement, and Construction (EPC) player operating in India’s renewable energy sector.

Order Details and Scope of Work

The contract primarily covers the commercial supply of solar PV modules, which are essential components used in solar power generation projects. 

The order has been awarded by a domestic entity, indicating continued demand for locally manufactured renewable energy equipment. 

According to the company, execution of the order is scheduled to be completed by March 2026, ensuring timely deployment for upcoming solar installations.

Strategic Significance for the Company

The order reinforces the company’s position in India’s rapidly expanding renewable energy market. With the government and private sector continuing to invest in solar power capacity, domestic manufacturers are witnessing rising demand for modules and related equipment. 

Securing large supply contracts helps companies maintain production momentum while strengthening long-term client relationships within the solar project ecosystem.

Saatvik Green Energy Share Price Performance

On February 18, 2026, Saatvik Green Energy share price (NSE: SAATVIKGL) opened at ₹424.05, up from its previous close of ₹412.90. At 11:23 AM, the share price of Saatvik Green Energy was trading at ₹411.50, down by 0.34% on the NSE.

Also Read: Saatvik Green Energy Subsidiary Wins ₹20.84 Crore Solar EPC Order!

Conclusion

The ₹44.10 crore order win highlights Saatvik’s growing presence in the solar supply chain and underlines robust demand for domestic solar manufacturing capabilities. As renewable energy deployment accelerates across India, such contracts are likely to support sustained growth for companies operating in the solar equipment segment while contributing to the country’s clean energy targets.

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