Saatvik Green Energy Secures ₹1,041.63 Crore SECI Order, Solar Module Supply Due By December 2027
Mumbai: Saatvik Green Energy Limited has secured and accepted a Rs 1,041.63 crore order from Solar Energy Corporation of India Limited (SECI) for supplying solar photovoltaic modules, according to a regulatory filing dated September 15, 2026. The company disclosed the development to BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI Listing Obligations…
Mumbai: Indian solar module manufacturer Saatvik Green Energy Limited has secured a significant contract from Solar Energy Corporation of India Limited (SECI) for delivering photovoltaic modules, according to a September 15, 2026 regulatory filing. The Rs 1,041.63 crore commercial order is set to be fulfilled by December 2027. The company, listed on the BSE and NSE, did not disclose the specific module capacity, delivery schedule, project sites, or payment terms.
The order strengthens Saatvik Green Energy's position within India's state-supported renewable energy sector, as SECI is a federal government entity managing the national renewable energy strategy. The transaction is deemed non-related, with no connection between Saatvik Green Energy's promoters and SECI, and thus no arm's-length verification was necessary.
CEO Jyoti Verma signed the disclosure, which was published on the company's website per SEBI listing regulations.
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