Saatvik Wins Rs 3 Billion Orders For N-Type TOPCon Solar Modules
POWER & RENEWABLE ENERGY

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

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code