Saatvik Green Energy Secures INR 21 Crore Solar EPC Order
Filing Summary
Saatvik Green Energy Limited announced that its wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has received an order valued at approximately INR 21 Crores. The order, awarded by a domestic solar developer, involves the design, engineering, procurement, supply, testing, and commissioning of a solar project on a turnkey EPC basis. The project is scheduled for completion by the end of March 2026. The order does not involve any related party transactions, and there is no interest from the promoter group in the awarding entity.
Saatvik Green Energy Limited has disclosed that its wholly owned subsidiary, Saatvik Cleantech EPC Private Limited, has secured an order valued at approximately INR 21 Crores. The order was awarded by a domestic solar developer and involves the comprehensive execution of a solar project. This includes design, engineering, procurement, supply, testing, and commissioning on a turnkey EPC basis.
The project is expected to be completed by the end of March 2026. The order is classified as a commercial contract and does not involve any related party transactions. Furthermore, there is no interest from the promoter or promoter group in the entity that awarded the contract.
The details of the order were communicated in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additional specifics regarding the order are provided in the annexure accompanying the filing.
Saatvik Cleantech EPC Private Limited is focused on providing engineering, procurement, and construction services for solar projects. The company aims to deliver comprehensive solutions that meet the specific requirements of its clients in the renewable energy sector.
Saatvik Green Energy Limited is part of the Saatvik Group and specializes in renewable energy solutions. The company is committed to expanding its footprint in the solar energy sector through strategic projects and collaborations. Its focus remains on delivering sustainable energy solutions and enhancing its service offerings in the renewable energy market.