Shakti Pumps Invests Rs 10 Crores in Subsidiary to Establish High-Efficiency Solar Manufacturing Plant
Shakti Pumps (India) Limited has committed an investment of Rs 10,00,00,000 into its wholly owned subsidiary, Shakti Energy Solutions Limited. The capital infusion is designated for the establishment of a greenfield manufacturing plant in Pithampur, Madhya Pradesh. This new facility will be dedicated to high-efficiency Solar DCR cell and Solar PV modules production, targeting a substantial capacity of 2.20 GW.The investment comes as part of the company's strategy to expand its presence in renewable energy infrastructure. Shakti Energy Solutions Limited (SESL), which was incorporated on September 6, 2010, specializes in manufacturing solar structures and serving the Solar Rooftop market. The new plant will further broaden SESL’s scope into the manufacturing of Solar DCR cells and Solar PV modules.
The investment details highlight SESL's operational scale and growth history. For the fiscal year 2026, SESL recorded a turnover of Rs 239.11 Crores. Prior years also showed steady growth in the solar sector for the subsidiary.
The financial background and product lines of Shakti Energy Solutions Limited are detailed below:
| Particulars | Description/Figure |
|---|---|
| Subsidiary Name | Shakti Energy Solutions Limited (SESL) |
| Incorporation Date | September 6, 2010 |
| Primary Business | Manufacturer of Solar Structures & Solar Rooftop |
| FY26 Turnover | Rs 239.11 Crores |
| FY25 Turnover | Rs 216.53 Crores |
| FY24 Turnover | Rs 139.59 Crores |
The investment by Shakti Pumps (India) Limited into its wholly owned subsidiary is aimed at developing the high-capacity solar manufacturing capabilities in Pithampur, solidifying the company's involvement in advanced renewable energy technology.
SHAKTIPUMP Stock Price Movement
As of 3:27 PM, the stock of Shakti Pumps (India) Limited is rallying, trading at ₹538.05 after surging by 6.11%. The shares have seen active movement today, staying within a daily range bounded by a low of ₹512.1 and a high of ₹542.35.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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