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Shakti Pumps invests Rs 17 crore in Shakti Energy Solutions

18 Apr 2026 Evaluate

Shakti Pumps (India) has invested Rs 17.00 crore in Shakti Energy Solutions, a wholly owned subsidiary of the company, on April 17, 2026. The said investment is for establishing 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 1785.00
Elgi Equipments 618.50
Shakti Pumps (India) 493.65
KSB 802.95
WPIL 435.00
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