Saatvik Green Energy Secures ₹297.5 Crore Solar Module Supply Order
Saatvik Green Energy's subsidiary, Saatvik Solar Industries Private Limited, has secured orders totaling ₹297.5 Crores for Solar PV Module supply. The orders are from domestic Independent Power Producers/EPC Players and are to be executed by March 2027.
The order value of ₹297.5 Crores is substantial and directly contributes to the company's revenue and growth, indicating a significant positive impact.
The company has announced securing significant new orders, which is a positive development for its business and revenue prospects.
Saatvik Green Energy Limited, through its material subsidiary Saatvik Solar Industries Private Limited, has received and accepted orders worth ₹297.5 Crores for the supply of Solar PV Modules. These orders come from two renowned Independent Power Producers/EPC Players and are from domestic entities.
The significant terms of the contracts involve the supply of Solar PV Modules. The orders are commercial in nature and are expected to be executed by March 2027.
Saatvik Solar Industries Private Limited, the company's material subsidiary, has secured this order for the supply of solar photovoltaic modules. The company has confirmed that neither the promoter nor any group companies have an interest in the entities awarding these orders, and they do not fall under related party transactions.
A plain-language summary of a public exchange filing by Saatvik Green Energy Limited. Read the original for the full detail.