Shakti Pumps Invests ₹11 Crore in Shakti Energy Solutions for 2.20 GW Solar Manufacturing Plant in Pithampur

Power Generation Sep 07,2026

Shakti Pumps (India) has invested ₹11 crore in its wholly owned subsidiary, Shakti Energy Solutions. The investment is directed toward a greenfield solar manufacturing project in Pithampur, Madhya Pradesh.

Through Shakti Energy Solutions, the company is setting up a high-efficiency Solar DCR cell and Solar PV modules manufacturing plant at the Pithampur location. The facility is planned with a production capacity of 2.20 GW.

The project marks Shakti Pumps' entry into domestic solar cell and module manufacturing through its subsidiary, adding a new production line at Pithampur, an established industrial hub in the Indore region of Madhya Pradesh.

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