Shakti Pumps Share Price Surges Over 3%; Invests ₹5 Crore in Subsidiary to Set Up 2.2 GW Solar Manufacturing Facility

Shakti Pumps (India) Limited has reinforced its renewable energy ambitions by allocating fresh capital to its wholly owned subsidiary, Shakti Energy Solutions Limited, to support expansion into solar manufacturing. 

Capital Infusion to Strengthen Solar Ambitions 

The company has infused ₹5 crore into its subsidiary as part of its strategy to deepen its footprint in the solar segment. The investment, structured through equity participation, reflects a focused push towards building long-term capabilities in clean energy manufacturing. 

This move is aligned with the company’s broader intent to scale operations within the domestic renewable ecosystem. 

Greenfield Facility to Drive Capacity Expansion 

The capital will be utilised to set up a greenfield manufacturing unit in Pithampur, Madhya Pradesh. The facility will focus on producing high-efficiency Solar DCR cells and Solar PV modules, with a planned capacity of 2.20 GW. 

The project is expected to enhance the company’s presence across the solar value chain, particularly in advanced manufacturing segments. 

Subsidiary Scaling into Advanced Solar Manufacturing 

Shakti Energy Solutions Limited, incorporated in 2010, has primarily been engaged in solar structures and rooftop solutions. With this expansion, the company is moving into upstream manufacturing, marking a strategic shift towards higher-value operations. 

The subsidiary has demonstrated steady growth, reporting a turnover of ₹216.53 crore in FY25. 

Read More: Shakti Pumps, Denta Water, Vishnu Prakash Share Price Jump Up To 20% After Jal Jeevan Mission Extension! 

Shakti Pump Share Price Performance  

As of March 25,2026, at 10:00 AM, Shakti Pump share price is trading at ₹502.00 per share, reflecting a surge of 3.11% from the previous closing price.  

Conclusion 

The investment highlights Shakti Pumps’ intent to strengthen its manufacturing capabilities in the solar sector, positioning itself to capitalise on growing demand for domestic renewable energy solutions. 

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