Investment16 Jan 2026, 06:22 pm
Shakti Pumps Invests Rs. 75 Crores in Wholly Owned Subsidiary Shakti Energy Solutions Limited
AI Summary
Shakti Pumps (India) Limited has invested Rs. 75,00,00,000/- (Rupees Seventy Five Crores Only) in its wholly owned subsidiary, Shakti Energy Solutions Limited (SESL). The investment will be used to establish a greenfield high efficiency Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh, with a production capacity of 2.20 GW. SESL, incorporated on 06t September, 2010, is a manufacturer of Solar Structures & Solar Rooftop and is expanding into manufacturing of Solar DCR cell and Solar PV modules. The turnover of SESL for FY25 was Rs. 216.53 Crores.
Key Highlights
- Shakti Pumps invests Rs. 75 Crores in its wholly owned subsidiary, Shakti Energy Solutions Limited
- Investment will be used to establish a Solar DCR cell and Solar PV modules manufacturing plant in Pithampur, Madhya Pradesh
- SESL is a manufacturer of Solar Structures & Solar Rooftop and is expanding into manufacturing of Solar DCR cell and Solar PV modules
- SESL's turnover for FY25 was Rs. 216.53 Crores
- No government or regulatory approvals are required for the acquisition