Saatvik Green Energy's Subsidiary Wins Order Aggregating INR 71.25 Crores for Solar Modules
Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, secured a significant commercial order. The order aggregates to INR 71.25 Crores for the supply of Solar PV Modules from a prominent Independent Power producer/EPC Player.The deal, which involves the supply of solar photovoltaic modules, was received from a domestic entity. The contract is expected to be executed by May 2026.
Saatvik Solar Industries Private Limited confirmed that the order transaction does not involve related parties or any promoter interest in the awarding entity.
Details of the commercial agreement received by the material subsidiary are as follows:
| Particulars | Details |
|---|---|
| Name of the awarding entity | Renowned Independent Power producer/EPC Player |
| Product Supplied | Solar PV Modules |
| Order Size | Orders aggregating to INR 71.25 Crores |
| Contract Nature | Commercial |
| Domestic/International | Domestic |
| Time Period | Execution by May 2026 |
| Promoter Interest/Related Party | No interest, Not a related party transaction |
SAATVIKGL Stock Price Movement
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