Recognised
in the Power (Renewable) Sector for Excellence in Occupational Health &
Safety Across its 4.8 GW Manufacturing Operations
Gurugram,
17 June 2026 : Saatvik Green Energy Limited, one of India's
leading integrated renewable energy companies, has been conferred the Golden
Peacock Occupational Health & Safety Award 2026 in the Power (Renewable)
Sector by the Institute of Directors (IOD), India. The award is among the
country's most prestigious recognitions for corporate excellence and
acknowledges organizations that demonstrate outstanding commitment to workplace
safety, employee well-being, and continuous improvement in occupational health
and safety performance.
The
recognition reflects Saatvik's unwavering commitment to fostering a
safety-first culture across its solar PV module manufacturing operations in
Ambala, Haryana. With a large workforce comprising employees and contract
workers operating in a highly dynamic manufacturing environment, the Company
has consistently embedded safety into every aspect of its operations through
strong leadership commitment, robust governance systems, employee engagement,
and technology-enabled risk management.
Commenting
on the recognition, Mr. Prashant Mathur, CEO, Saatvik Green Energy Limited,
said: "At Saatvik, safety is not a compliance
requirement or a business priority, it is a core value embedded in every
decision we make. As we continue to expand our manufacturing footprint and
contribute to India's clean energy transition, our foremost responsibility is
to ensure that every employee and contractor returns home safely each day. This
recognition reflects the collective efforts of our workforce in building a proactive
safety culture driven by leadership commitment, employee participation,
continuous learning, and technology-led risk management. From AI-enabled safety
monitoring and predictive maintenance to robust governance systems and
extensive workforce training, we are committed to setting new benchmarks in
occupational health and safety. We are honoured to receive the Golden Peacock
Occupational Health & Safety Award 2026 and remain steadfast in our pursuit
of a zero-harm workplace."
Safety
at Saatvik is supported by a comprehensive Occupational Health & Safety
Management System aligned with ISO 45001 standards and integrated into the
Company's overall governance framework. Occupational health and safety
performance is regularly reviewed by senior leadership and forms an integral
part of the Company's ESG governance architecture.
The
Company has adopted a technology-driven approach to workplace safety.
Digital-enabled visual inspection systems help identify manufacturing defects
that could potentially lead to electrical or fire-related risks. Real-time
video analytics monitor PPE compliance and unsafe behaviours, while predictive
maintenance systems identify equipment-related risks before they escalate into
incidents. These initiatives are further supported by structured processes such
as Hazard Identification and Risk Assessment (HIRA), Job Safety Analysis (JSA),
Permit-to-Work systems, Behaviour-Based Safety programmes, and Management of
Change protocols.
Employee
participation remains central to Saatvik's safety culture. Through safety
committees, suggestion schemes, toolbox talks, recognition programmes, and
continuous training initiatives, employees and contract workers actively
contribute to hazard identification, risk reduction, and workplace
improvements. The Company also maintains 100 percent safety training coverage
across its workforce, reinforcing competency and awareness at all
organizational levels.
Saatvik's
safety performance has delivered measurable outcomes. Over the last two years,
the Company has maintained Zero Lost Time Injuries (LTI), achieved a
significant reduction in Total Recordable Incident Rate (TRIR), reduced
incident-related downtime, and strengthened workforce capability through more
than 4,700 annual training hours. The Company has also reported zero
compensation claims, zero equipment damage incidents, and no regulatory
penalties or notices related to occupational health and safety.
The
Company's safety systems and performance have been independently validated
through ISO 45001 certification and a Bronze Medal from EcoVadis, placing the
Company among the top-performing organizations globally on ESG parameters.
The
Golden Peacock Occupational Health & Safety Award is conferred annually by
the Institute of Directors (IOD), India, and is widely regarded as a benchmark
for excellence in workplace health and safety. The selection process involves a
rigorous multi-stage assessment, including independent evaluation, peer review,
and final adjudication by an eminent jury chaired by Hon'ble Justice Uday U.
Lalit, Former Chief Justice of India, along with distinguished leaders from
public administration, industry, law, sustainability, and governance.
About
Saatvik Green Energy Limited
Saatvik
Green Energy Limited is one of India’s leading solar photovoltaic module
manufacturers, with a strong presence across utility-scale, commercial &
industrial, EPC, and distributed solar segments. The Company currently operates
a 4.8 GW module manufacturing facility in Ambala, Haryana, and is developing a
Greenfield integrated manufacturing facility in Odisha with 4 GW of module
capacity and 6 GW of solar cell capacity. With a focus on technology, quality,
and execution, Saatvik aims to play a meaningful role in India’s renewable
energy transition.