Gujarat Injects Kerala Ltd. has secured an order price Rs 14.49 billion from Deon Power Ltd. for the availability of 16,129 photo voltaic PV modules of 620 WP capability, the corporate knowledgeable the inventory exchanges.
The order is scheduled to be carried out inside June 2026.
Previous to the take care of Deon Power, the corporate had introduced a number of photo voltaic PV module orders from prospects together with Earthwave Know-how, Good Renewtech, and Surja Infra.
“The sturdy enterprise circulate means that the corporate’s strategic shift to renewable power is gaining momentum in a sector that continues to see sturdy demand and coverage help,” the corporate mentioned.
“The order from Deon Power marks one other essential step in strengthening our renewable power enterprise. It displays the rising confidence of our prospects in our capabilities and reinforces our dedication to constructing a scalable solar energy options platform,” mentioned Deepak Diwan Bakwani, Government Director, Gujarat Inject Kerala.
“We now have persistently expanded our presence within the photovoltaic module house and this order additional strengthens our execution pipeline,” he mentioned.
“As India continues to speed up its clear power transition, we see important long-term alternatives within the renewable power sector. We stay centered on well timed execution, strengthening buyer relationships and increasing our participation throughout the solar energy ecosystem, whereas creating sustainable worth for our stakeholders,” he added.
Recognizing the size of this chance, Gujarat Inject Kerala Ltd. mentioned it has aligned its future technique round clear power operations.
The corporate has additionally obtained approval for a proposed title change to Regenova Renewtech Ltd, reflecting its evolving enterprise focus and long-term dedication to renewable power options.
In FY26, Gujarat Injects Kerala Ltd. reported working income of Rs 3,632 crore, a rise of 91% from Rs 1,905 crore recorded in FY25. Internet revenue elevated by round 78% to Rs 1.81 billion in comparison with Rs 1.02 billion within the earlier monetary yr.
