From pv magazine India
Shakti Pumps (India) Ltd has invested INR 120 million in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
Shakti Energy Solutions, incorporated on September 6, 2010, manufactures solar module mounting structures and is expanding into the production of solar cells and modules that comply with domestic content requirements (DCR).
The company is setting up a greenfield high-efficiency solar DCR cell and module manufacturing facility in Pithampur, Madhya Pradesh, with a planned production capacity of 2.2 GW.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.