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Shakti Pumps (India) invests Rs 10 crore in Shakti Energy Solutions

08 Oct 2026 Evaluate

Shakti Pumps (India) has invested Rs 10 crore in its wholly owned subsidiary i.e. Shakti Energy Solutions. In Shakti Energy Solutions, the company is 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. The invested funds will be used towards setting the manufacturing plant.

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 1595.55
Elgi Equipments 511.75
Shakti Pumps (India) 386.90
KSB 682.30
Oswal Pumps 219.45
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