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Shakti Pumps installs high-altitude solar pumps in Mizoram – EQ Mag Pro

New Delhi : Shakti Pumps on Thursday said it has installed and commissioned the northeastern region”s first high-altitude solar pump project in Mizoram. “Shakti Pumps (India) Ltd, the world”s largest manufacturer and supplier of solar pumps and motorised pumps, has announced the successful installation and commissioning of the northeastern region”s first high-altitude solar pumps project […]

Government wants banks to up renewable energy financing, minister to meet bankers in January – EQ

Shakti Pumps Eyes Rs 2,000 Cr Topline in FY22 on Significant Demand Revival – EQ Mag Pro

Solar water pump maker Shakti Pumps expects to more than double the topline to Rs 2,000 crore this fiscal on the back of more adoption of its products by farmers which is being driven by the heavy central and state subsidies that run up to 90 per cent. The company closed FY21 with a topline […]

Jindal Saw to acquire 31.20 pc stake in ReNew Green Energy for undisclosed amount – EQ

Shakti Pumps (India) Q1 consolidated PAT up 120 pc at Rs 7.29 cr

With the rise in the price of diesel, the importance of solar pumps can certainly be emphasized enough, he said.He said that the huge potential of PM-KUSUM scheme for the countrys agro-economy and energy sector has come to the fore. After installing 15,000 solar pumps out of the total 50,000 installed by the Central government […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Seeing Major Demand From KUSUM Tenders And Export Projects, Says Shakti Pumps’ Akhilesh Maru

Seeing major demand from KUSUM tenders and export projects, says Shakti Pumps’ Akhilesh Maru Shakti Pumps stock is up almost 80 percent since March 31, and is nearly 50 percent higher post its Q4 earnings, two weeks ago. This on the back of increased demand for solar pumps from states under the government’s Pradhan Mantri […]

Government wants banks to up renewable energy financing, minister to meet bankers in January – EQ

Shakti Pumps (India) Reports Consolidated Net Profit of Rs 30.50 Crore in the March 2021 Quarter

Sales rise 245.41% to Rs 319.71 crore. Net profit of Shakti Pumps (India) reported to Rs 30.50 crore in the quarter ended March 2021 as against net loss of Rs 6.15 crore during the previous quarter ended March 2020. Sales rose 245.41% to Rs 319.71 crore in the quarter ended March 2021 as against Rs […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Shakti Pumps plans expansion, pins hopes on PM-KUSUM scheme

NEW DELHI: Shakti Pumps (India) on Sunday said it is planning business expansion next year as the company eyes a bigger share in the Centre’s PM-KUSUM scheme of solar water pumps. Under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM), launched in February 2019, both Centre and states provide subsidy to farmers for […]

Government wants banks to up renewable energy financing, minister to meet bankers in January – EQ

Shakti Pumps spurts on securing order from Uganda

Shakti Pumps (India) rallies 4.36% to Rs 554.20 after the company said it bagged a $35.30 million order from the Government of Uganda for supplying solar powered water pumping systems. The company has secured a contract from Government of Uganda represented by Ministry of Water and Environment for supplying solar-powered water pumping systems at a […]

Government wants banks to up renewable energy financing, minister to meet bankers in January – EQ