Shares of Saatvik Green Energy Ltd soared 4% on 6 November after the company announced receiving orders worth Rs 299.40 crore.

Saatvik Green Energy Limited’s subsidiary, Saatvik Solar Industries Private Limited, has secured a significant order totalling Rs 299.40 crore. The agreement is for the delivery of solar PV modules to three well-known Independent Power Producers (IPPs) and EPC companies. Saatvik Solar Industries will finish and deliver the solar panels between December 2025 and March 2026.

As of the first quarter of FY26, the company’s order book was 4.05 GW. As of 30 June 2025, the company’s capacity was 3.80 GW, with plans to add 1.00 GW in Ambala by FY26 and 4.00 GW of module capacity in Odisha later that year. In FY27, it would build a 4.80 GW solar cell plant in Odisha, significantly expanding its production scale.

Saatvik Green Energy Limited is among India’s top solar PV module makers, offering complete solutions that include module production, EPC services, and operation and maintenance support.

At 3:30 pm, the shares of Saatvik Green Energy closed 1.67% higher at Rs 537 on NSE.

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