Shakti Pumps’ Q2 FY25 profits skyrocket by over 1,600% – Huge 5:1 bonus share issue announced

Shakti Pumps’ Q2 FY25 profits skyrocket by over 1,600% – Huge 5:1 bonus share issue announced

Shakti Pumps (India) Limited has unveiled its financial results for the quarter ending September 30, 2024, reporting stellar growth figures across its revenue, profit margins, and earnings per share. The company, widely recognized for its energy-efficient stainless steel solar pumps and submersible solutions, posted a 315.4% year-on-year surge in revenue for Q2 FY25, hitting ₹634.6 […]

Shakti Pumps (India) Limited secures Rs 200cr in QIP issue

Shakti Pumps (India) Limited secures Rs 200cr in QIP issue

Shakti Pumps (India) Limited (SPIL), a frontrunner in the manufacturing of solar pumps and motors in India, has successfully concluded a Qualified Institutional Placement (QIP) raising Rs. 200 Crores. This financial milestone has garnered substantial attention, being fully subscribed by esteemed domestic institutional investors including LIC Mutual Fund and SBI Mutual Fund. This endorsement not […]

Crompton Greaves secures landmark solar water pump orders, expanding its sustainability commitment

Crompton Greaves secures landmark solar water pump orders, expanding its sustainability commitment

In an impressive continuation of its commitment to sustainable agriculture and renewable energy, Crompton Greaves Consumer Electricals Ltd. has announced another significant achievement under the PM-KUSUM scheme, securing its fourth consecutive order for solar water pumping systems in the state of Haryana. This latest order, endorsed by the New & Renewable Energy Department Haryana and […]

Torrent Power wins bid for 306MW solar power project in Maharashtra

Torrent Power wins bid for 306MW solar power project in Maharashtra

Torrent Power Limited has secured a significant project to enhance solar energy infrastructure in Maharashtra, emphasizing the company’s pivotal role in India’s renewable energy sector. On March 7, 2024, Maharashtra State Electricity Distribution Co. Limited (MSEDCL) awarded Torrent Power Limited the contract for a 306 MW grid-connected solar power project. This initiative is spread across […]

Crompton Greaves secures major solar pump work order under PM Kusum Scheme in Haryana

Crompton Greaves secures major solar pump work order under PM Kusum Scheme in Haryana

Crompton Greaves Consumer Electricals Limited, a well-regarded brand in India’s pump industry, has secured an inaugural work order for 7.5 HP and 10 HP Solar Submersible Water Pumping Systems in Haryana. This milestone work order comes from the New & Renewable Energy Department Haryana and HAREDA, under the umbrella of the PM Kusum Scheme. Expanding […]