TAG: "Shakti Energy Solutions"

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Shakti Pumps Invests INR 12 Cr in Subsidiary to Develop 2.20 GW Solar Cells and Modules Plant in MP

Shakti Pumps has invested INR 12 crore in its subsidiary Shakti Energy Solutions to set up a 2.20 GW solar DCR cell and PV module plant in Pithampur, marking a major backward integration move to strengthen supply chain control and support its rapid growth in the solar pumps segment.

Shakti Energy Solutions | July 14, 2025 | By Mrinmoy Dey | 1120

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.

Shakti Energy Solutions | May 12, 2025 | By Mrinmoy Dey | 4681

Shakti Pumps Secures 113 Acre Land in Madhya Pradesh for Solar Cell and Module Manufacturing Facility

Solar pump manufacturer Shakti Pumps (India) Ltd. has announced its entry into solar cell and PV module manufacturing through its subsidiary, Shakti Energy Solutions, which has been allotted 113 acres of land in Madhya Pradesh for the new facility.

Shakti Energy Solutions | March 17, 2025 | By Mrinmoy Dey | 1950

Madhya Pradesh Allocates Land for Multiple Solar Manufacturing Projects

Madhya Pradesh government has allocated lands to Grew Energy, INA Solar, Premier Energies, Saatvik Solar, Rays Green Energy, Sunkind Photovoltaics, Shakti Energy Solutions and Alpex Solar to set up manufacturing units for solar PV modules, cells, ingots, wafers, aluminium frames etc. in the Mohasa-Babai industrial area.

Shakti Energy Solutions | December 16, 2024 | By Mrinmoy Dey | 3954