Saatvik Green Energy Private Limited has secured a contract and signed an agreement for the supply of solar photovoltaic (PV) modules for the development of a cumulative 1,200 MW of solar power projects in India.
The contract includes the supply of N-type tunnel oxide passivated contact (TopCon) PV modules valued at Rs 15 billion for the establishment of 1,000 MW utility-scale solar power projects. Additionally, the company has entered into an agreement with Enrich Energy Private Limited for the supply of mono passivated emitter and rear cell 545 Wp bifacial solar modules to support the development of 200 MW solar power projects. The supply of modules is scheduled to commence in February 2025 and is expected to be completed within nine months.