Key Transaction Details
Saatvik Green Energy Limited's material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a commercial order aggregating to ₹400.16 Crores from a renowned domestic Independent Power producer/EPC Player for the supply of Solar PV Modules.
Contract Specifications
- Order Value: ₹400.16 Crores
- Nature: Commercial supply contract
- Product: Solar PV Modules
- Counterparty: Domestic entity (renowned Independent Power producer/EPC Player)
- Execution Timeline: The order will be executed by March 2027
- Related Party Status: No interest by promoter/promoter group/group companies in the entity awarding the order
- Transaction Type: Not a related party transaction; conducted at arm's length
Financial Impact
The order represents significant business for the material subsidiary, though the specific financial impact on Saatvik Green Energy Limited's consolidated financials is not quantified in the disclosure.