Saatvik Green Energy Limited (formerly Saatvik Green Energy Private Limited) has announced a major order win that strengthens its presence in India’s fast-growing renewable energy sector. On December 22, 2025, the company informed exchanges that its material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a large domestic order for the supply of solar equipment.
Details of the Order
The contract has been awarded by a well-established domestic Independent Power Producer (IPP) / EPC player, reflecting strong confidence in Saatvik’s manufacturing capabilities and product quality. The scope of work is purely commercial in nature and involves the supply of solar photovoltaic (PV) modules.
Unlike long-term infrastructure or service-based contracts, this order is focused on manufacturing and timely delivery, underscoring Saatvik’s role as a key supplier in the renewable energy value chain.
Order Value and Execution Timeline
The total value of the order stands at approximately ₹486 crore, making it a significant addition to the company’s order book. Execution of the contract is planned to be completed by December 2026, providing clear near-to-medium-term revenue visibility for the group.
Governance, Transparency and Compliance
The company disclosed the order acceptance in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Saatvik Green Energy also confirmed that:
The promoters, promoter group, and group companies have no interest in the entity awarding the contract.
The transaction does not qualify as a related-party transaction and has been executed on an arm’s-length basis.
These disclosures reinforce the company’s commitment to transparency and strong corporate governance.
Strategic Significance
This order highlights a growing trend of material subsidiaries driving large-scale business wins for their parent companies. While some recent contracts in the market focus on long-term municipal or infrastructure projects, this order firmly positions Saatvik within the core manufacturing and supply segment of the renewable energy ecosystem.
By securing high-value domestic orders, Saatvik Solar Industries strengthens its manufacturing utilisation and reinforces the group’s standing as a reliable supplier to India’s clean energy transition.