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Satvik Green Energy’s materials arm Satvik Solar Industries has received orders worth ₹639 crore for supplying solar PV modules.
Satvik Green Energy manufactures solar modules and related services like EPC (Engineering, Procurement, and Construction) in the sustainable energy domain.
The deets: the orders were placed by three independent, undisclosed power producers and will be implemented by June 2026.
Background: the orders come at the back of recent project win worth ₹707 crore that Saatvik Green Energy won last week from other independent
Big picture: the market for solar PV modules is growing at a 9.4% rate. Add to this, the government’s pledge to achieve 500GW of renewable energy capacity by 2030 and the Saatvik Green Energy sits at a massive opportunity to become a key supplier in this rapidly expanding market.
