Saatvik Green Energy Limited, previously known as Saatvik Green Energy Private Limited, has announced a significant contract win, securing an order worth INR 299.40 crores for the supply of solar photovoltaic (PV) modules. This order has been awarded to its material subsidiary, Saatvik Solar Industries Private Limited, by three prominent Independent Power Producers and Engineering, Procurement, and Construction (EPC) players. The announcement was made in compliance with the SEBI Listing Regulations and highlights the company's ongoing commitment to the renewable energy sector.

The order will be executed between December 2025 and March 2026, marking a notable achievement for Saatvik Green Energy as it continues to expand its footprint in the solar energy market. This contract reinforces the company's position within the domestic renewable energy space, as all orders are sourced from domestic entities. Furthermore, Saatvik has confirmed that there are no conflicts of interest, as neither the promoter group nor any associated companies have stakes in the entities that awarded the contracts.

The announcement is a testament to Saatvik Green Energy's robust business model and operational capabilities, aligning with the increasing demand for sustainable energy solutions in India. With this new order, Saatvik is set to bolster its revenue streams while contributing to the country's renewable energy targets. Investors and stakeholders can access further details of this announcement on the company's official website, showcasing Saatvik's strategic move towards enhancing its market presence in the solar energy sector.