Shakti Energy Solutions

What Shakti Energy Solutions does

Shakti Energy Solutions Pvt. Ltd. (SESPL) is an India-based solar energy hardware manufacturer headquartered in Pithampur, Madhya Pradesh, operating as a 100% wholly-owned subsidiary of Shakti Pumps (India) Limited, a publicly traded pump and motor manufacturer with a presence in 125+ countries. The company designs and manufactures solar module mounting structures under its SSMT product line — including SSMT (FIX) ground-mount, SSMT (TRACK) and SSMT (TRUSS) solar pumping solutions, SSMT-LOW ELEVATED, and SSMT-CP (Shed-Roof and Butter-Fly Roof) rooftop systems — using in-house design tools (AutoCAD, STAAD Pro, Unigraphics), advanced fabrication, and hot-dip galvanization processes certified to BIS IS4759:1996. Its products are engineered for extreme environments with wind resistance up to 150 km/hr and adjustable tilt angles for power optimization.

The company monetizes hardware sales across three primary revenue streams: solar module mounting structures, solar rooftop solutions (residential, commercial, and industrial), and — most recently — solar DCR cells and PV modules from a new 2.20 GW greenfield manufacturing facility being established in Pithampur. Its go-to-market combines B2B and B2G enterprise field sales (leveraging the parent Shakti Pumps network), direct-to-customer engagement with farmers and rooftop clients, and a dealer and sub-dealer distribution network across India. Pricing is quote-based and project-specific, and the company reported FY2026 turnover of ₹239.11 crore, against a disclosed order book that includes a ₹654.03 crore contract from Karnataka Renewable Energy for 16,780 solar water pumping systems under the PM-KUSUM scheme. Customer mix skews heavily toward government and agricultural buyers (farmers, state renewable energy departments), with commercial/industrial and residential rooftop as secondary segments. Backed by a QIP-funded capacity expansion and BIS regulatory credentials, the company is executing a backward-integration strategy up the solar value chain.

Name

Shakti Energy Solutions

Legal name

Shakti Energy Solutions Pvt. Ltd.

Website

https://sespl.org

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Shakti Energy Solutions is a Pithampur-based solar module mounting structure manufacturer and 100% subsidiary of Shakti Pumps (India), serving Indian government programs (notably PM-KUSUM), farmers, and C&I customers, and now expanding into 2.20 GW DCR cell and PV module manufacturing.

Ownership category

akta.pro rank

Product category

Solar Energy Equipment Manufacturing

akta.pro primary industry

Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF)

akta.pro secondary industries

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD), Solar Mounting, Racking, Trackers & Structural BOS Manufacturing (EUAMAHAC)

Keywords

• Solar mounting structures
• Solar water pumps
• Solar rooftop solutions
• Solar PV modules
• Hot-dip galvanization

Headquarters

HQ city

Dhar

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Solar Module Mounting Structures: Manufacture and sale of solar module mounting structures including ground-mounted and rooftop solutions for various solar applications. Products include SSMT (FIX), SSMT (TRACK), SSMT (TRUSS), SSMT-LOW ELEVATED, SSMT-CP (Shed-Roof), and SSMT-CP (Butter-Fly Roof) systems.
2. Solar Rooftop Solutions: Design, supply, and installation of solar rooftop systems for residential, commercial, and industrial buildings.
3. Solar DCR Cells and PV Modules: New 2.20 GW greenfield manufacturing facility for Solar DCR (Domestic Content Requirement) cells and PV modules to be produced at Pithampur, Madhya Pradesh. Backward integration strategy to strengthen value chain control.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Shakti Energy Solutions manufactures solar module mounting structures and rooftop solar solutions, including ground-mounted, rooftop, and carport configurations. The company also provides integrated solar water pumping systems for irrigation and domestic/industrial use, and is expanding into solar DCR cell and PV module manufacturing through a 2.20 GW facility in Pithampur, Madhya Pradesh.

Product overview

Shakti Energy Solutions is a 100% subsidiary of Shakti Pumps (India) Limited, established in 2013. The company operates as a manufacturer of solar module mounting structures and has expanded into solar cell and module manufacturing. Its product portfolio centers on the SSMT (Solar Structure Mounting Technology) series including SSMT FIX (ground mounting), SSMT TRACK and TRUSS (solar pumping solutions), SSMT-LOW ELEVATED, and SSMT-CP variants (roof top solutions). The company provides both hot-dipped galvanization and pre-gal sheet structures. In 2026, the company launched solar DCR cell and PV module manufacturing with a 2.20 GW capacity facility in Pithampur, Madhya Pradesh, marking its backward integration into the solar value chain. Products serve irrigation, domestic water supply, and industrial/domestic rooftop segments.

Differentiator

Problem solved

Functional benefit

Products and services

• SSMT (FIX) - Solar Ground Mounting Structure Double post optional ground mounting structure for larger spans and bigger arrays, with ramming posts to reduce excavation works and simplify maintenance. Designed for utility-scale solar installations.
• SSMT (TRACK) - Solar Pumping Solution Off-grid PV system pumping solution for open terrain with manual angle adjustment (tilt angles 0°, 15°, 30°) for maximum power generation. Uses pile foundation for fast installation. Supports up to 11 plates per module array.
• SSMT (TRUSS) - Solar Pumping Solution Solar pumping solution with truss structure design for irrigation, domestic water supply, and industrial applications.
• SSMT-LOW ELEVATED - Solar Roof Top Mounting Solution Fixed or adjustable rooftop mounting solution with pre-assembled components for simplified installation, designed for flat roof, open terrain, and portable applications.
• SSMT-CP (SHED-ROOF) - Solar Roof Top Mounting Solution Shed-roof mounting solution for solar panel carport installations that utilizes existing areas without requiring dedicated land.
• SSMT-CP (BUTTER-FLY ROOF) - Solar Roof Top Mounting Solution Butter-fly roof mounting solution designed for solar installations on butterfly-style roof structures.
• Solar Rooftop Solutions Design, supply, and installation of industrial and domestic rooftop solar energy solutions integrated with solar water pumping systems for irrigation, domestic water supply, and industrial applications.
• Solar DCR Cells Domestically manufactured solar DCR (Domestic Content Requirement) cells with total production capacity of 2.20 GW, produced at the new greenfield facility in Pithampur, Madhya Pradesh.
• Solar PV Modules Solar photovoltaic modules with total production capacity of 2.20 GW manufactured at the new greenfield facility in Pithampur, Madhya Pradesh.

Quantifiable outcome

• Wind resistance up to 150 km/hr maximum
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Shakti Pumps (India) Limited (Parent Company)coreStrategic or Co-development Partner · 9 July 2025Shakti Energy Solutions is a 100% wholly-owned subsidiary of Shakti Pumps (India) Limited, a renowned manufacturer of energy-efficient stainless steel pumps and motors. Parent company provides strategic direction, capital investment (₹10 crore for new 2.20 GW facility), and technology expertise. SESPL and Shakti Pumps collaborate to provide integrated solar water pumping solutions.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• RenewSys India: Manufacturer of solar PV modules and encapsulation films based in India. Comparable to SESPL's planned module manufacturing business and the broader Indian DCR-aligned solar manufacturing ecosystem.
• Jakson Group: Indian solar EPC and module manufacturer with in-house mounting structure capabilities and project execution experience. Closely comparable to SESPL across mounting structures, rooftop solutions, and solar project execution for government and commercial customers.
• Vikram Solar: Indian solar PV module manufacturer with manufacturing capacity and EPC capabilities, serving utility, commercial, and rooftop segments. Comparable to SESPL's mounting structures and planned module manufacturing businesses.
• Waaree Energies: One of India's largest solar PV module manufacturers with ~12 GW capacity, also engaged in EPC and mounting structures. Directly comparable to SESPL's mounting structure business and module manufacturing expansion plans.
• Mahindra Susten: Mahindra Group's solar EPC subsidiary offering engineering, procurement, construction, and operations services for utility-scale and C&I solar. Comparable to SESPL as a participant in the Indian solar project market with similar project execution capabilities.
• Premier Energies: Indian manufacturer of solar cells and modules, with backward integration into ingot/wafer manufacturing. Directly comparable to SESPL's planned entry into solar DCR cell and module manufacturing under India's domestic content framework.

Emerging players

• Goldi Solar: Growing Indian solar module manufacturer with several GW of planned capacity. Comparable to SESPL's planned 2.20 GW module manufacturing business as a similarly-scaled domestic player in the Indian solar manufacturing landscape.

Broad incumbents

• Tata Power Solar Systems: Tata Group's solar subsidiary offering module manufacturing, EPC, and rooftop solar solutions at large scale. Comparable across SESPL's mounting structure, rooftop solar, and module manufacturing lines, with significantly greater scale and brand strength.
• Adani Solar: Part of Adani Group, Adani Solar operates large-scale solar cell and module manufacturing facilities and offers integrated solar EPC solutions. Comparable to SESPL's expansion into solar cells and modules, with significantly greater scale and balance sheet strength.

Others

• Sterling and Wilson Renewable Energy:

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shakti Energy Solutions