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Shakti Pumps (India) invests Rs 5 crore in Shakti Energy Solutions

25 Mar 2026 Evaluate

Shakti Pumps (India) has invested Rs 5 crore in its wholly owned subsidiary i.e. Shakti Energy Solutions. The investment aims to set up a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW.

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 1766.85
Elgi Equipments 585.15
Shakti Pumps (India) 454.25
KSB 806.60
Oswal Pumps 264.20
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