Saatvik Green Energy Secures ₹1,500 Crore Contract to Supply 1 GW Solar PV Modules

Chandigarh, 9^th January, 2025: Saatvik Green Energy Limited announces its historic win of a 1 GW solar PV module supply contract from a leading energy producer. The deal, at over ₹1,500 crore, represents a significant milestone in the company’s expansion. Saatvik, as per customized specifications, will supply advanced technology N-TOPCon solar PV modules & commence the entire delivery in Calendar year 2025.

The contract involves supplying solar PV modules designed for seamless performance in utility-scale solar projects. These state-of-the-art modules promise to enhance energy generation while maintaining reliability and durability across diverse climatic conditions.

This supply order will be fulfilled by a dedicated manufacturing unit at Saatvik Solar’s state-of-the-art facility in Ambala, Haryana. This exclusive unit has been specially allocated to ensure seamless and efficient production, catering to the project’s stringent quality standards and delivery timelines.

Commenting on the achievement Mr. Prashant Mathur CEO “Saatvik Green Energy” said, “This is a momentous occasion for Saatvik Green Energy as we scale new heights in the solar industry. Winning this 1 GW contract reaffirms our commitment to innovation, quality, and sustainability. Our cutting-edge manufacturing capabilities, backed by a robust R&D framework, position us to deliver world-class solar modules that drive impactful clean energy solutions. We are honoured to collaborate with our esteemed partner and contribute significantly to India’s renewable energy targets.”