Saatvik Green Energy Limited’s subsidiary, Saatvik Solar Industries Private Limited, has received and accepted an order worth Rs 638.26 crore for the supply of advanced Solar Cell G12 R Type modules from a reputed solar module manufacturer. The order is scheduled to be executed by March 2027, according to the company.
Technology and capacity expansion
The supply will utilise advanced G12R TOPCon (DCR) technology, known for its high efficiency and performance in large scale solar applications. With a cumulative production capacity of up to 600 MWp, the company is scaling its manufacturing capabilities to meet rising demand across utility scale and commercial solar projects, while strengthening its cell manufacturing footprint. Commenting on the development, Prashant Mathur, CEO, Saatvik Green Energy Limited, said, “This order reflects the growing industry shift towards high-efficiency solar cell technologies and reaffirms our commitment to supporting India’s clean energy transition through reliable, high-performance solutions.”
The order strengthens Saatvik’s position in the domestic solar value chain, particularly in the high growth solar cell segment, and aligns with India’s push for self reliance in renewable energy manufacturing under the Make in India initiative. It also enhances the company’s forward order book and provides long term revenue visibility amid increasing demand for domestically manufactured solar components. |
