Saatvik Green Energy Limited has received an additional order worth ₹16.74 crore (exclusive of GST) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 1,000 off-grid solar photovoltaic water pumping systems under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM B scheme.
The order covers 3 HP, 5 HP and 7.5 HP solar pumps, including design, manufacture, installation, testing, commissioning, warranty, repair & maintenance, and remote monitoring for five years at identified farmer locations across Maharashtra.
Order Highlights
- Order value: ₹16.74 crore (excluding GST)
- Total cumulative order: 1,815 solar pumps worth approx. ₹30.24 crore
- Client: MSEDCL
- Execution timeline: Within 60 days from issuance of work order
- Nature: Domestic commercial order
- Related party: None
The company disclosed the development under Regulation 30 of SEBI (LODR) Regulations, 2015, stating that promoters or group companies have no interest in the awarding entity.
The information has also been uploaded on the company’s official website.
Disclaimer: This article is based on disclosures filed by the company with stock exchanges under applicable SEBI regulations. It is intended for informational purposes only and does not constitute investment advice.
