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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 1646.20
Elgi Equipments 584.80
Shakti Pumps (India) 381.45
KSB 653.35
Oswal Pumps 229.35
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