Saatvik Green Energy Subsidiary Secures Rs 20.84 Cr Solar EPC Order
The contract encompasses the complete scope of design, engineering, procurement, supply, testing, and commissioning of a solar power project
Saatvik Green Energy, on Friday, said that its wholly-owned subsidiary, Saatvik Cleantech EPC, has secured a significant order worth Rs 20.84 crore from a renowned solar developer for a comprehensive turnkey Engineering, Procurement, and Construction (EPC) project. The project is scheduled to be completed by the end of March 2026.
The company said that the contract encompasses the complete scope of design, engineering, procurement, supply, testing, and commissioning of a solar power project, reinforcing Saatvik Cleantech's growing capabilities in the renewable energy sector.
Prashant Mathur, CEO, Saatvik Green Energy Limited, said: “We are delighted to announce this significant order win for our subsidiary, Saatvik Cleantech EPC Private Limited. This milestone contract demonstrates the growing confidence in our technical capabilities and execution excellence in delivering end-to-end solar solutions. As India accelerates its transition to clean energy, we remain committed to delivering world-class solar infrastructure that drives the nation's renewable energy ambitions. This project strengthens our order book and positions us well for continued growth in the rapidly expanding solar EPC sector."
This order adds to Saatvik Green Energy's impressive momentum in recent months. The company has achieved several notable milestones, including securing a substantial Rs 486 crore solar module order from a renowned IPP/EPC player, and winning solar pump orders totaling approximately Rs 30.24 crore from MSEDCL under the PM-KUSUM scheme. On the manufacturing front, Saatvik commissioned a 2 GW in-house EPE film manufacturing facility, strengthening vertical integration and advancing 'Make in India' leadership.
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