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shakti pump

PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA

Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […]

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Green Stocks March 27: Adani Green, Premier & Shakti Pumps Gain 5%

Company Name Closing Price on March 27 Change % Borosil Renewables Ltd 491.90 -0.80% Waaree Renewable Technologies Ltd 898.80 -2.31% Sterling and Wilson Renewable Energy Ltd 251.65 +0.80% KPI Green Energy Ltd 413.00  +1.28% Shakti Pumps (INDIA) LTD 981.65  +4.99% Acme Solar 194.95  +2.35% SUZLON ENERGY LTD 56.90  -0.92% Adani Green Ltd 958.00  +5.03% Inox […]

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […]

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PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA

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 […]

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Shakti Pumps Tieups With ReNew For Supply Of DCR Modules

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 […]

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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

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 […]

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Shakti Pumps Delivers With 130% Profit Rise in Q3 Fy25

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 […]

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Green Stocks Jan 21: Shakti Pumps Stands Still Amid Slowdown

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 […]

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