Shakti Pumps India announced a new order worth Rs 170.25 crore from Madhya Pradesh Urja Vikas Nigam for supplying 4,840 solar water pumping systems. The order, part of the PM-KUSUM scheme, is to be executed within 120 days. The company, a manufacturer of solar and other pumps, reported a decline in net profit for Q2 FY26 but an increase in revenue.