Gujarat Inject Kerala Ltd has informed stock exchanges that it has secured an order worth ₹14.49 crore from Deon Energy Ltd for the supply of 16,129 Solar PV Modules of 620 WP capacity. 

The order is scheduled for execution within June 2026.

Prior to the Deon Energy contract, the company had announced multiple Solar PV Module orders from customers including Earthwave Technology, Perfect Renewtech and Surja Infra. 

“The steady flow of business suggests that the company’s strategic shift towards renewable energy is gaining traction in a sector that continues to witness strong demand and policy support,” the company said. 

Deepak Diwan Bachwani, executive director, Gujarat Inject Kerala Ltd, said: “The order from Deon Energy Ltd represents another significant step in strengthening our renewable energy business. It reflects the growing confidence of customers in our capabilities and reinforces our commitment to building a scalable solar solutions platform.”

“We have been consistently expanding our presence in the Solar PV Module segment and this order further strengthens our execution pipeline,” he said. 

“As India continues to accelerate its transition towards clean energy, we believe the renewable energy sector presents substantial long-term opportunities. Our focus remains on timely execution, strengthening customer relationships and expanding our participation across the solar ecosystem while creating sustainable value for stakeholders,” he added. 

Recognising the scale of this opportunity, Gujarat Inject Kerala said it has aligned its future strategy around clean energy businesses. 

The company has also received approval for its proposed name change to Regenova Renewtech Ltd, reflecting its evolving business focus and long-term commitment to renewable energy solutions.

For FY26, Gujarat Inject Kerala Ltd reported revenue from operations of ₹36.32 crore, up 91% over ₹19.05 crore recorded in FY25. Net profit increased by around 78% to ₹1.81 crore, compared with ₹1.02 crore in the previous financial year.