December 26, 2025: Saatvik Green Energy Limited, one of India’s fastest-growing renewable energy companies, has received an additional order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the design, manufacture, supply, transportation, installation, testing, and commissioning of Off-Grid DC Solar Photovoltaic Water Pumping Systems (SPWPS) across identified farmer sites in Maharashtra.
The additional order, awarded under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM-B scheme, comprises the supply of 1,000 solar water pumps of 3 HP, 5 HP, and 7.5 HP capacity, with an approximate order value of ₹16.74 crore (exclusive of GST).
With this latest order, the total order size from MSEDCL now stands at 1,815 solar water pumps, aggregating to an approximate value of ₹30.24 crore (exclusive of GST).
Under the scope of the contract, Saatvik Green Energy Limited will also provide complete system warranty, repair and maintenance services, and a remote monitoring system for a period of five years, ensuring long-term performance reliability for farmers. Installation and commissioning of the systems will be completed within 60 days from the date of issuance of the Notice to Proceed (NTP) / work order by the respective circle office.
Commenting on the development, Prashant Mathur, CEO, Saatvik Green Energy Limited, said: “The receipt of this additional order from MSEDCL reinforces the growing momentum in our solar pump business and reflects continued confidence in Saatvik’s execution capabilities. Solar water pumps play a critical role in enabling sustainable irrigation, reducing dependence on diesel and grid power, and improving energy access for farmers. Through our participation in PM-KUSUM, we remain committed to supporting India’s agricultural and rural energy transition with reliable, domestically manufactured solutions.”
This order further strengthens Saatvik’s presence in the decentralised solar and agricultural energy segment, a key focus area aligned with national priorities around energy security, sustainable farming practices, and rural electrification.
With an expanding portfolio spanning solar modules, solar inverters, EPE film manufacturing, EPC solutions, and solar pumps, Saatvik Green Energy Limited continues to strengthen its position as a trusted integrated clean-energy partner supporting India’s renewable energy ambitions.
