Shakti Pumps (India) Limited is investing ₹75 crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited, to establish a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh. This new facility will have a production capacity of 2.20 GW, marking a significant expansion in the company’s solar energy capabilities. The investment aims to boost renewable energy production.
Investment in Shakti Energy Solutions
Shakti Pumps (India) Limited has announced an investment of ₹75 crore in its wholly-owned subsidiary, Shakti Energy Solutions Limited.
New Manufacturing Plant
The investment will be used to establish a greenfield high-efficiency Solar DCR cell and Solar PV modules manufacturing plant. The plant will be located in Pithampur, Madhya Pradesh.
Production Capacity
The new facility will have a production capacity of 2.20 GW.
Subsidiary Performance
Shakti Energy Solutions Limited reported a turnover of ₹216.53 crore in FY2025. The company also had turnovers of ₹139.59 Crores in FY2024 and ₹99.15 Crores in FY 2023.
Industry Focus
Shakti Energy Solutions Limited is a manufacturer of Solar Structures & Solar Rooftop. The investment expands the subsidiary into manufacturing of Solar DCR cell and Solar PV modules.
Source: BSE
