2 weeks ago
Saatvik bags Rs 476 crore solar module order from Vikran
A company called Saatvik Green Energy makes solar panels.
Solar panels catch light from the sun and turn it into electricity.
Another company, Vikran Engineering, wants to buy a lot of these solar panels.
So Vikran Engineering gave Saatvik a big order worth 476 crore rupees.
That is a very large amount of money.
Saatvik announced this news on Thursday.
The solar panels have to be delivered by March 2027.
Saatvik will make the panels through its own company, Saatvik Solar Industries.
This helps bring more clean solar energy to people.
Saatvik Green Energy announced its arm Saatvik Solar Industries has secured a Rs 476 crore order.
The order is from Vikran Engineering for the supply of solar PV modules.
The announcement was made on Thursday through an exchange filing.
The order will be executed by March 2027.
Saatvik Solar Industries Private Limited is a material subsidiary of Saatvik Green Energy.
- Who
- Saatvik Green Energy (via its subsidiary Saatvik Solar Industries) and Vikran Engineering.
- What
- An order worth Rs 476 crore for the supply of solar photovoltaic modules.
- Where
- New Delhi.
- When
- Announced on Thursday; the order will be executed by March 2027.
- Why
- Not explicitly stated in the article.
Key facts
- Company
- Saatvik Green Energy
- Subsidiary
- Saatvik Solar Industries Private Limited
- Order Value
- Rs 476 crore
- Customer
- Vikran Engineering
- Product
- Solar photovoltaic (PV) modules
- Execution Deadline
- March 2027
- Announcement Channel
- Exchange filing







