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Mumbai: Gujarat Inject Kerala Ltd has announced that it has received a ₹14.49 crore order from Deon Energy Ltd for the supply of 16,129 solar photovoltaic (PV) modules with a capacity of 620 Wp each. According to the company, the order is expected to be executed during June 2026.
The latest contract adds to a series of solar module orders secured by the company in recent months from customers including Earthwave Technology, Perfect Renewtech, and Surja Infra. The company said the continued inflow of orders reflects growing demand in the renewable energy sector and supports its strategic focus on expanding its clean energy business.
Commenting on the development, Executive Director Deepak Diwan Bachwani said the order strengthens the company’s renewable energy portfolio and execution pipeline. He noted that Gujarat Inject Kerala is looking to increase its presence across the solar value chain as India accelerates its transition toward cleaner sources of energy.
As part of its renewable energy expansion strategy, the company has also received approval to change its name to Regenova Renewtech Ltd, reflecting its evolving business focus. For FY26, Gujarat Inject Kerala reported revenue from operations of ₹36.32 crore, up from ₹19.05 crore in the previous financial year, while net profit rose to ₹1.81 crore from ₹1.02 crore during the same period.
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