Saatvik Green Energy Secures INR 10 Crore Solar Module Order
Filing Summary
Saatvik Green Energy Limited, through its subsidiary Saatvik Solar Industries Private Limited, has secured an order valued at approximately INR 10 Crores. The order involves the supply of solar photovoltaic modules to a domestic Independent Power Producer/EPC Player. The execution of this order is scheduled for completion by February 2026. This transaction does not involve any related party interests and is not classified as a related party transaction. The details of the order are disclosed in compliance with Regulation 30 of the SEBI Listing Regulations.
Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has received an order valued at approximately INR 10 Crores. The order is for the supply of solar photovoltaic modules to a domestic Independent Power Producer/EPC Player. The execution of this order is expected to be completed by February 2026.
The order is commercial in nature and involves the supply of solar PV modules. The transaction does not involve any related party interests, and it is not classified as a related party transaction. The company has disclosed this information in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The details of the order have been made available on the company’s website. The order was received from a domestic entity, and the terms and conditions are focused on the supply of solar PV modules. The company has confirmed that there is no interest from the promoter or promoter group in the entity awarding the order.
Saatvik Green Energy Limited is engaged in the business of providing renewable energy solutions. The company focuses on the development, manufacturing, and supply of solar energy products and services. It aims to contribute to the growth of the renewable energy sector through its innovative solutions and strategic partnerships.