Saatvik Wins Rs 3 Billion Orders For N-Type TOPCon Solar Modules

12 Nov 2025 CW Team

Saatvik Green Energy announced that its subsidiary, Saatvik Solar Industries, has secured orders worth Rs 3 billion for the supply of n-type TOPCon solar PV modules. The contracts have been awarded by three leading independent power producers and EPC companies, reinforcing Saatvik’s position as a key player in India’s solar manufacturing sector.

The supply of modules is scheduled between December 2025 and March 2026. This development follows a Rs 180 million PV module order recently won by the company from another independent power producer, which is expected to be completed by the end of December 2025.

Saatvik Green Energy is an integrated solar energy solutions provider involved in the manufacturing of high-efficiency PV modules and offering EPC services for utility-scale, commercial, and industrial projects. As of 30 June 2025, the company operates a module production capacity of 3.8 GW, with an additional 1 GW under expansion at its Ambala facility in Haryana.

Further strengthening its domestic manufacturing base, Saatvik is developing a greenfield project in Odisha featuring 4 GW of module and 4.8 GW of solar cell production capacity. The expansion aligns with India’s drive toward self-reliance in solar manufacturing and next-generation photovoltaic technology adoption.

The recent order wins mark a significant milestone for Saatvik as it continues to scale up capacity and secure partnerships across the renewable energy value chain.

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