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Shakti Pumps Secures INR 654 Cr Solar Pumps Order from Karnataka Renewable Energy Development

Shakti Pumps has bagged its first Karnataka order under PM KUSUM Component-B, securing an INR 654.03 crore contract from Karnataka Renewable Energy Development Ltd. to install 16,780 off-grid solar water pumping systems.

Dinesh Patidar | January 12, 2026 | By Mrinmoy Dey | 396

Shakti Pumps Secures INR 356.77 Cr LoA from MSEDCL for 12,883 Solar Pumps

Shakti Pumps (India) has secured a fresh INR 356.77 crore LoA from MSEDCL for 12,883 solar water pumps under PM-KUSUM and Magel Tyala Saur Krushi Pump Yojana, extending its recent order wins to nearly INR 900 crore in December 2025.

Dinesh Patidar | December 24, 2025 | By Mrinmoy Dey | 922

Maharashtra Announces Guinness Record Attempt; Shakti Pumps Contributes 8,846 Solar Installations

Maharashtra has completed its Guinness World Records attempt under the “Magel Tyala Solar Pump” initiative, achieving 45,911 solar water pump installations in just one month—one of the fastest and largest renewable irrigation rollouts globally. Shakti Pumps emerged as the leading contributor with 8,846 installations.

Dinesh Patidar | December 06, 2025 | By News Bureau | 1236

Shakti Pumps’ Second Tranche of 12,451 Solar Pumps Offered Through MSEDCL Fully Booked

Shakti Pumps (India) Ltd. has announced that the second tranche of 12,451 off-grid solar pumps worth about INR 347.41 crore offered through MSEDCL’s portal has been fully booked by farmers in Maharashtra. The company has been empanelled by MSEDCL to supply and install 34,720 off-grid solar pumps under the Magel Tyala Saur Krushi Pump Yojana.

Dinesh Patidar | September 15, 2025 | By Mrinmoy Dey | 1107

MSEDCL Empanels Shakti Pumps to Supply and Install 34,720 Off-grid Solar Pumps Under PM KUSUM

Shakti Pumps (India) Ltd. has announced that all 10,000 off-grid solar pumps offered through MSEDCL’s portal were booked by farmers in just 1.5 hours. This was the first tranche of 34,720 pumps supply and installation order the company received from MSEDCL under Magel Tyala Saur Krushi Pump Yojana.

Dinesh Patidar | August 30, 2025 | By Mrinmoy Dey | 1031

Shakti Pumps Reports Revenue Growth of 83.6 Percent in FY25, PAT Nearly Triples

Indore-based Shakti Pumps has reported an 83.6 percent jump in FY25 revenue to INR 25,162 million, driven by strong domestic and export performance and improved margins. The company’s Profit after Tax (PAT) increased to INR 4,084 Mn in FY25 from INR 1,417 million in FY24.

Dinesh Patidar | May 12, 2025 | By Mrinmoy Dey | 5638

Shakti Pumps to Procure DCR Cell-based Solar Modules Worth INR 1300 Cr from ReNew Photovoltaic

Shakti Pumps has announced an additional procurement of DCR cell-based solar modules worth INR 1,300 crore from ReNew Photovoltaic for FY 2025-26, reinforcing its commitment to growth amid rising demand under the PM-KUSUM scheme.

Dinesh Patidar | February 04, 2025 | By Mrinmoy Dey | 2001

Shakti Pumps Secures Empanelment for 25000 Off-Grid Solar Pumps from MSEDCL

Shakti Pumps (India) Ltd. has been empanelled by MSEDCL to supply and install 25,000 off-grid DC solar water pumping systems worth INR 754.30 crore under the Magel Tyala Saur Krushi Pump Scheme in Maharashtra.

Dinesh Patidar | December 13, 2024 | By Mrinmoy Dey | 1736