Saatvik Solar has secured an INR 638.26 crore order for the supply of G12R TOPCon PV cells. The order is scheduled to be executed by March 2027.
Saatvik Green Energy
Saatvik Green Energy, a solar manufacturer and EPC player, today announced its arm Saatvik Solar Industries has received and accepted an order aggregating to INR 638.26 crore for the supply of advanced G12R TOPCon cells from a reputed solar module manufacturer. The order is scheduled to be executed by March 2027.
This order also aligns with Saatvik’s expansion plans of strengthening its cell manufacturing footprint.
The company currently operates a 4.8 GW PV module manufacturing facility in Ambala, Haryana, and is developing a greenfield integrated manufacturing facility with 4 GW of module capacity and 4.8 GW of solar cell capacity in Ganjam district of Odisha.
“The supply will leverage advanced G12R TOPCon (DCR) technology, known for its high efficiency and performance in large-scale solar applications,” stated Saatvik.
Prashant Mathur, CEO, Saatvik Green Energy Ltd, said, “This order reflects the growing industry shift towards high-efficiency solar cell technologies and reaffirms our commitment to supporting India’s clean energy transition through reliable, high-performance solutions. We continue to invest in advanced manufacturing and strengthen our capabilities to meet evolving market requirements.”
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