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Saatvik Green Energy secures INR 171.45 crore solar module supply order for utility project

#Infrastructure News#Industrial#India
Last Updated : 28th May, 2026
Synopsis

Saatvik Green Energy has received an order worth INR 171.45 crore for supplying solar modules for a utility-scale solar project in India. The order involves TOPCon bifacial glass-glass solar PV modules, which generate electricity from both sides of the panel, improving energy output compared to conventional systems. The modules will be supplied to a domestic independent power producer. The company noted that this order reflects continued demand for advanced solar technologies in large-scale renewable projects, as India expands its clean energy capacity and strengthens solar manufacturing and deployment across key industrial segments.

Saatvik Green Energy has secured an order valued at INR 171.45 crore for the supply of solar modules for a utility-scale solar project in India.


The company stated that the modules being supplied are TOPCon bifacial glass-glass solar PV modules, a next-generation technology designed to generate electricity from both the front and rear sides of the panel. This feature allows higher energy output compared to traditional solar modules, improving overall efficiency in large-scale installations.

The order has been received and accepted from a domestic independent power producer, as per the company’s statement. The transaction highlights ongoing demand from large renewable energy developers for advanced photovoltaic technologies in the country’s expanding solar sector.

Saatvik Green Energy’s Chief Executive Officer Prashant Mathur, in an indirect statement, noted that being selected to supply modules for a project of this scale at one of India’s key solar locations reflects strong confidence in the company’s manufacturing capabilities and technical offerings.

The company is among India’s established solar photovoltaic module manufacturers, with operations across utility-scale, commercial and industrial, engineering, procurement and construction (EPC), and distributed solar segments.

It operates a 4.8 GW solar module manufacturing facility in Ambala, Haryana. In addition, the company is developing a greenfield integrated manufacturing facility in Odisha, which will include 4 GW of module capacity along with 4.8 GW of solar cell capacity, further expanding its production base in the renewable energy manufacturing space.

Source PTI

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