Rs 10 Cr investment in subsidiary for 2.20 GW solar plant in MP
SHAKTIPUMP · price
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Shakti Pumps invested Rs 10 Crores in wholly owned subsidiary Shakti Energy Solutions to set up a greenfield Solar DCR cell and PV modules manufacturing plant in Pithampur, Madhya Pradesh with 2.20 GW capacity. SESL turnover grew to Rs 239.11 Cr in FY26 from Rs 216.53 Cr in FY25. Investment made via equity share subscription; no government approvals needed.
Greenfield 2.20 GW solar capacity build-out supports future growth in the renewable energy manufacturing segment.