PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA Updated On Wed, Mar 5th, 2025 by Saurenergy Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across Maharashtra. The work order […] Read more
Shakti Pumps Tieups With ReNew For Supply Of DCR Modules Updated On Mon, Feb 3rd, 2025 by Saurenergy Indian solar pump manufacturer Shakti Pumps today announced increasing its capacity to procure additional DCR (Domestic Content Requirement) solar cell-based solar modules. The company today said that it has partnered with ReNew Photovoltaic Private Limited for the same. The company was earlier engaged in partnerships with Indian solar cell makers like Mundra (Adani) Solar and […] Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Read more
Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth Updated On Thu, Jan 30th, 2025 by Saurenergy Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […] Read more
Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25 Updated On Mon, Jan 27th, 2025 by Saurenergy Indore based Solar pump leader Shakti Pumps declared its Q3 results on Friday evening. The company reported a 130.09% year-on-year (YoY) jump in net profit at Rs 104 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, the company had posted a net profit of Rs […] Read more
Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown Updated On Tue, Jan 21st, 2025 by Saurenergy On the day of a slowdown of the market indices, affecting the stock prices of the majority of the green stocks, Shakti Pumps remained in high spirits. The Madhya Pradesh-based solar pump manufacturer recorded a 5 percent hike in the values of its stock today. This was the highest increase in stock prices of any […] Read more
Indian Green Stock Jan 8: Shakti Pumps, Borosil Shine Amid Slowdown Updated On Wed, Jan 8th, 2025 by Saurenergy At a time when most of the Indian green stocks suffered a jolt and reported negative growths, two companies reported an increase in their stock values. These included Indian solar glass maker Borosil Renewables and Madhya Pradesh-based solar pump company Shakti Pumps. The two companies witnessed a rise of 5% each on the day full […] Read more
Green Stocks Dec 16: Shakti Pumps, Premier Energies Flex, Rest Wilt Updated On Mon, Dec 16th, 2024 by Saurenergy India’s leading solar pump maker Shakti Pumps continued to move towards lifetime highs on the back of its major order announced last week, with the share climbing another 5% today. Providing its company in the fast lane was Premier Energies, also up over 6% after announcing a 1 GW expansion for its manufacturing. For the […] Read more
Green Stocks Dec 13: Stocks Of Shakti Pumps Continue To Rise Updated On Fri, Dec 13th, 2024 by Saurenergy On a day when several green stocks fluctuated in the volatile share market, the stocks of Shakti Pumps continued to shine. The stocks of Indore-based solar pump company which witnessed a rise of 5% yesterday, reported another 5% surge in its stock price. Among all the green stocks we analyze daily, Shakti Pumps reported the […] Read more
