Saatvik Green Energy Secures ₹16.74 Crore Additional Solar Pump Order from MSEDCL
Mumbai: Saatvik Green Energy Limited has received an additional order worth approximately ₹16.74 crore from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the supply and installation of 1,000 off-grid DC solar water pumps under the Magel Tyala Saur Krushi Pump Yojana / PM-KUSUM-B scheme.
With this latest order, Saatvik’s total engagement with MSEDCL now stands at 1,815 solar pumps, valued at around ₹30.24 crore (exclusive of GST). The pumps, ranging from 3 HP to 7.5 HP, will be installed and commissioned within 60 days of the work order, with a five-year warranty, maintenance, and remote monitoring support.
Prashant Mathur, CEO of Saatvik Green Energy, said:
“This additional order reinforces the growing momentum in our solar pump business and highlights confidence in our execution capabilities. Solar pumps are vital for sustainable irrigation, reducing diesel dependence, and improving energy access for farmers.”
The order strengthens Saatvik’s presence in decentralised solar solutions, aligning with India’s goals of energy security, rural electrification, and sustainable agriculture. Saatvik’s portfolio spans solar modules, inverters, EPC solutions, EPE film manufacturing, and solar pumps, positioning it as a trusted partner in India’s renewable energy transition.
