Saatvik Green Energy Limited has informed the Exchange about Bagging/Receiving of orders/contracts
SAATVIKGL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Saatvik Green Energy's material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted orders totalling INR 57.03 Crores for the supply of solar PV modules. The orders have been placed by renowned domestic Independent Power Producers (IPPs) and EPC players. The order is purely domestic and commercial in nature, with execution expected to be completed by March 2026. The company has confirmed that there is no related party interest in the entities awarding the orders.
Positive for the company as the new order strengthens the order book of its solar modules subsidiary and provides short-term revenue visibility, though the size of the contract is modest and execution is to be completed within the same month.