Commercial Contract / Renewable Energy Supply
Saatvik Solar Secures ₹638 Cr Order for Solar Cell Supply
NSE
SAATVIKGL
BSE
544526
Saatvik Solar Industries (subsidiary) has received orders worth ₹638.26 Cr for the supply of G12R solar cells from a reputed solar module manufacturer.
PRICE-SENSITIVE TRIGGER
Event: Large Order Win for Solar Cell Supply
Type: Commercial Contract / Renewable Energy Supply
Impact: Positive
Immediate Effect: Strengthens order book visibility and reinforces positioning in the solar manufacturing value chain.
Execution Timeline
By March 2027
Nature
Domestic Commerical Order
Order Value
₹638.26 Cr
Product
Solar Cell G12R Type
What Happened ?
Saatvik Solar Industries Pvt Ltd (material subsidiary) has received multiple orders from a renowned solar module manufacturer.
The contract includes:
- Supply of G12R type solar cells
- Domestic commercial engagement
- Execution scheduled within FY27 timeline
Indicates strong demand for solar components amid renewable expansion.
Detailed breakdwon
Product Scope
- Supply of G12R Solar Cells
- Used in solar module manufacturing
Nature of Order
- Domestic
- Commercial contract
Customer Profile
- Renowned solar module manufacturer (name not disclosed)
Additional Notes
- No promoter interest involved
- Not a related party transaction
Management commentary
- Orders received and accepted
- Execution planned within timeline
- Standard commercial supply contract
Risk Analysis
Key Risks
- Execution risk within tight timeline
- Pricing/margin pressure in solar supply chain
- Dependency on customer demand
Worst Case Scenario
Delays or cost pressures impacting profitability
Risk Level: Medium
Reason:
- Strong order, but solar margin volatility exists
Official Exchange Filing: Click Me