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Shakti Pumps (India) invests Rs 12 crore in wholly owned subsidiary

14 Jul 2025 Evaluate

Shakti Pumps (India) has invested Rs 12 crore in its wholly owned subsidiary namely Shakti Energy Solutions. In Shakti Energy Solutions, the company is establishing a greenfield high efficiency solar DCR cell and solar PV modules manufacturing plant, with a production capacity of 2.20 GW, in Pithampur, Madhya Pradesh.

Shakti Energy Solutions is engaged in manufacturing of solar structures and deals in solar rooftop and others.

Shakti Pumps (India) is a specialist in the manufacture of a broad range of submersible pumps and motors for a variety of applications.

Peers
Company Name CMP
Kirloskar Brothers 1785.00
Elgi Equipments 618.50
Shakti Pumps (India) 493.65
KSB 802.95
WPIL 435.00
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