Shakti Pumps (India) Limited: Energizing the Market with a 9% Surge after a Rs.258 Crore Order Shakti Pumps (India) Limited, a key player in the renewable energy sector, witnessed a significant surge in its share prices on December 29, 2023. The company's shares climbed by 9.07% intraday  to Rs 1093.95 apiece. This surge followed the announcement of a substantial order from the Haryana Renewable Energy Department (HAREDA). Securing the Second Work Order Under KUSUM-3 Scheme Shakti Pumps revealed that it has secured the second work order under the KUSUM‐3 scheme  from HAREDA. This order involves the supply, installation, and commissioning of 6,408 solar water pumping systems . The total value of the work order stands at approximately Rs 258 crore , inclusive of GST. The order is expected to be fulfilled within 90 days  from the issuance date. Strategic Orders Enhancing Position in Renewable Energy Sector Shakti Pumps' foray into renewable energy solutions has ...