4 hrs ago
Saatvik Green Energy Secures ₹1,041.63 Crore SECI Order
Saatvik Green Energy is a company that makes solar modules.
It accepted a large order worth ₹1,041.63 crore.
The order came from Solar Energy Corporation of India, or SECI.
The company must supply the modules by December 2027.
The order is for business within India.
The filing did not say how many modules will be supplied or where they will be delivered.
It also did not provide payment details.
Saatvik said its promoters and group companies do not have an interest in SECI.
The company said the deal is not a related-party transaction.
Saatvik Green Energy accepted a ₹1,041.63 crore order from Solar Energy Corporation of India for solar photovoltaic modules.
The order was disclosed in a regulatory filing dated September 15, 2026.
The domestic commercial order is scheduled for execution by December 2027.
The filing did not specify module capacity, delivery tranches, project locations, or payment milestones.
Saatvik said the transaction is not a related-party deal and involves no promoter or group-company interest in SECI.
- Who
- Saatvik Green Energy and Solar Energy Corporation of India Limited.
- What
- Saatvik Green Energy accepted a ₹1,041.63 crore order to supply solar photovoltaic modules.
- Where
- The order is a domestic commercial mandate in India; the filing did not identify delivery locations.
- When
- The order was disclosed on September 15, 2026, and is due for execution by December 2027.
- Why
- The order adds to Saatvik Green Energy’s order book and supports supply to India’s state-backed renewable energy ecosystem.
Key facts
- Order value
- ₹1,041.63 crore
- Contracting entity
- Solar Energy Corporation of India Limited
- Product
- Solar photovoltaic modules
- Execution deadline
- December 2027
- Order type
- Domestic commercial order
- Disclosure date
- September 15, 2026
- Related-party status
- Not a related-party transaction
Sources
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