Saatvik Green Energy has announced securing a module supply order worth ₹13.8 crores, marking a significant business milestone for the renewable energy company. This substantial order represents another step in the company's ongoing business expansion and demonstrates its competitive position in the solar module supply sector.

Order Details

The company has received this module supply contract, though specific details regarding the client, delivery timeline, and technical specifications of the modules have not been disclosed in the announcement.

Business Impact

This order win adds to Saatvik Green Energy's order book and reinforces the company's presence in the renewable energy sector. The ₹13.8 crore contract value represents a meaningful addition to the company's revenue pipeline and demonstrates continued market demand for solar energy solutions.

The module supply order reflects the ongoing growth in India's renewable energy sector and the increasing adoption of solar power solutions across various applications. For Saatvik Green Energy, this contract represents continued business momentum in the competitive solar module market.

Saatvik Green Energy Limited has announced a significant business development through its material subsidiary, with Saatvik Solar Industries Private Limited securing a substantial order for solar photovoltaic module supply. The order, valued at ₹13.80 crores, represents a notable addition to the company's order book and reinforces its position in India's growing solar energy sector.

Order Details and Specifications

The commercial order has been awarded by a renowned domestic Independent Power Producer/EPC player for the supply of solar PV modules. The contract specifications and key parameters are outlined below:

Regulatory Compliance and Transparency

Saatvik Green Energy Limited disclosed this information in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made through official communication to both BSE Limited and National Stock Exchange of India Limited on January 09, 2026.

The company has confirmed that this transaction maintains complete independence from any related party dealings. Key compliance aspects include:

• No promoter or promoter group interest in the awarding entity
• Transaction does not fall under related party category
• Full compliance with SEBI Master Circular requirements
• Transparent disclosure of all material terms

Strategic Significance

This order win demonstrates the operational capabilities of Saatvik Solar Industries Private Limited in securing contracts from established players in India's renewable energy sector. The domestic nature of the order aligns with the government's focus on local manufacturing and supply chain development in the solar energy segment.

The February 2026 execution timeline provides a clear delivery framework, allowing the subsidiary to plan production and logistics efficiently. The commercial nature of the contract indicates standard market terms without any special arrangements or concessions.

Corporate Structure

Saatvik Green Energy Limited, formerly known as Saatvik Green Energy Private Limited, operates as part of the Saatvik Group. The company is listed on both BSE (Scrip Code: 544526) and NSE (Symbol: SAATVIKGL), with its corporate office located in Gurugram, Haryana. The material subsidiary, Saatvik Solar Industries Private Limited, serves as the operational arm for solar module manufacturing and supply activities.