12-Jun-2026 19:06:10
☀️ SHAKTI PUMPS INFUSES ₹10 CR INTO SOLAR ARM FOR 2.2 GW CELL & MODULE PLANT ⚡
• 💰 Shakti Pumps has invested ₹10 crore in its wholly owned subsidiary Shakti Energy Solutions Ltd (SESL) • 🏭 Funds will be used to establish a greenfield Solar DCR Cell and Solar PV Module manufacturing facility at Pithampur, Madhya Pradesh • ⚡ Planned manufacturing capacity stands at 2.20 GW • 📈 SESL reported FY26 turnover of ₹239.11 crore, up from ₹216.53 crore in FY25 and ₹139.59 crore in FY24 • 🌞 SESL currently manufactures solar structures and rooftop solar solutions and is expanding into solar cell and module manufacturing • 🚀 Investment strengthens Shakti Pumps' presence in India's fast-growing solar manufacturing ecosystem 🟢 Impact: Positive (Capacity expansion into solar cells and modules supports long-term growth, backward integration and benefits from India's solar manufacturing push)
SHAKTI PUMPS (I) LTD