• Total Order Value: INR 707.62 Crore
• Companies Involved: Saatvik Green Energy Ltd. and Saatvik Solar Industries Pvt. Ltd.
• Type of Orders: Repeated supply of high-efficiency solar PV modules • Clients: Top-tier Indian EPCs and IPP
• Timeline for Delivery: FY 2025–26

October 8, 2025, Bengaluru: Saatvik Green Energy Limited, one of India’s top makers of solar PV modules, achieved a big commercial milestone: confirmed orders worth more than INR 700 crores to deliver high-efficiency solar PV modules to important participants in the Indian renewable energy market.

The parent firm, Saatvik Green Energy Ltd., got orders worth INR 488 crores. Its material subsidiary, Saatvik Solar Industries Pvt. Ltd., got more contracts at INR 219.62 crores. All orders are set to be delivered in FY 2025–26, and they come from EPCs and IPPs who have worked with the Saatvik brand before. This shows that they trust the brand for the long term.

Mr Prashant Mathur, CEO of Saatvik Green Energy Limited, remarked, “These wins are a strong vote of confidence in Indian manufacturing. At Saatvik, we want to help India have a clean energy future by providing reliable, high-quality solar solutions.” These orders strengthen our developing partnerships with premier EPCs and IPPs who believe in our technology, size, and dependability.”

Driving India’s Solar Goals

India is quickly building up its renewable energy infrastructure through the National Solar Mission, and these orders are part of that. The government’s “Make in India” and “Aatmanirbhar Bharat” programs are very much in line with Saatvik’s steady stream of orders and growing capacity.
India’s move towards energy independence and sustainable development would not be possible without the company’s strong manufacturing environment and established track record.

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To kick off the partnership, Saatvik has launched a new TVC campaign featuring the actor, built around the tagline “Bolta Hai Kartik – Solar Matlab Saatvik”. The campaign highlights the brand’s commitment to sustainable solutions and its vision of making solar energy more relatable to Indian households and businesses.

Watch the TVC here: https://www.youtube.com/watch?v=x7rhc99ecaY
View LinkedIn post: Click here

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Saatvik’s two solar projects promise significant environmental impact, with the Lamlehri project set to reduce CO2 emissions by over 402,000 tons and the Gondpur project by nearly 457,000 tons during their lifetimes.

The Gondpur project will use cutting-edge N-TOPCon premium modules, generating 19.13 million units of clean energy annually. The Lamlehri project will feature Mono PERC Solar PV modules, producing 17.13 million units per year. These projects highlight Saatvik’s dedication to advancing solar technology and driving India’s clean energy transition.

Under the agreement, Saatvik will be responsible for the comprehensive Designing, Supplying, Engineering, and Construction of these projects, ensuring seamless execution in compliance with all regulatory provisions. These projects underscore Saatvik’s vision to advance clean energy adoption and strengthen its position as a leader in India’s solar energy sector. The successful execution of these projects is expected to significantly enhance solar energy generation capacity in Himachal Pradesh, contributing to the state’s sustainable development objectives.

Commenting on the milestone, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited, said: “We are honoured to collaborate with HPPCL to contribute to Himachal Pradesh’s renewable energy journey. These projects reaffirm our commitment to delivering reliable and sustainable solar solutions that address India’s growing energy needs. With our cutting-edge technology and expertise, we aim to set new benchmarks in project execution and operational efficiency.”

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