Saatvik Green Energy awarded 600 MWp solar module supply order by SECI
Type: Supply Agreement · Technology: Solar · Country: India · Capacity: 600 MWp · Value: INR 10416.3M · Announced: 2026-09-16
Saatvik Green Energy Ltd has been selected as a successful bidder under a SECI tender for the manufacturing, testing, packing, supply, and transportation of domestically manufactured solar PV modules using domestically manufactured solar cells. The awarded package covers 600 MWp capacity with an aggregate value of INR 1,041.63 crore, with module supply scheduled for completion by December 2027. The company currently operates a 4.86 GW solar module manufacturing facility in Ambala, Haryana, and is developing a greenfield integrated manufacturing facility in Odisha comprising 4 GW of module capacity and 6 GW of solar cell capacity. The deal validates Saatvik's ALMM-compliant manufacturing capabilities and its readiness to supply domestically manufactured solar equipment for large-scale government infrastructure projects, reflecting growing momentum behind India's domestic manufacturing and self-reliant solar value chain.
Analysis
Saatvik Green Energy Ltd will supply 600 MWp of domestically manufactured solar PV modules to Solar Energy Corporation of India (SECI) under a contract valued at INR 1,041.63 crore, with delivery to be completed by December 2027. SECI is a government company created to implement the National Solar Mission and to meet India’s renewable energy targets. Saatvik operates a 4.86 GW solar module plant in Ambala, Haryana, and is building a greenfield integrated facility in Odisha with 4 GW of module capacity and 6 GW of cell capacity. The contract covers manufacturing, testing, packing, supply and transportation of modules using domestically manufactured cells and is compliant with ALMM requirements. No financing structure or contract length beyond the delivery deadline is disclosed.
Key points
- 600 MWp module supply
- INR 1,041.63 crore contract value
- Delivery deadline December 2027
- Saatvik’s 4.86 GW Ambala manufacturing facility
- Greenfield integrated plant in Odisha: 4 GW modules, 6 GW cells
Counterparties
- Saatvik Green Energy (Supplier)
- SECI (Buyer)
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