Shakti Pumps Invests ₹10 Crore in Solar Subsidiary

(India) Limited has invested ₹10 crore in its wholly owned subsidiary, Shakti Energy Solutions Limited, to support the establishment of a 2.20 GW solar PV module manufacturing plant in Pithampur. The investment strengthens the company’s focus on expanding its presence across the renewable energy value chain and building manufacturing capabilities in the solar segment. The proposed facility is expected to add significant module manufacturing capacity and support Shakti Pumps’ broader clean-energy business strategy. Investors will track the project’s execution, commissioning timeline, capacity utilisation and future contribution to the company’s growth as the manufacturing facility progresses.