Shakti Pumps (India) Limited — JV/Acquisition, 19-04-2026: Acquisition

Shakti Pumps is investing **₹7 Cr** in its wholly-owned subsidiary, Shakti Energy Solutions. This capital infusion will fund a new greenfield plant in Pithampur, Madhya Pradesh, for manufacturing high-efficiency Solar DCR cells and PV modules. This strategic move significantly boosts Shakti Pumps' solar production capacity by **2.20 GW**, deepening its presence in the renewable energy sector and enhancing its product portfolio. The investment reinforces its commitment to the rapidly growing solar market.