Author: abhishek2019cs034abesit@gmail.com

Gujarat Inject (Kerala) Limited has secured a domestic purchase order worth approximately ₹4.86 crore from Zentaraa Infra Projects Private Limited for the supply of 3,600 Solar PV Modules. The order is scheduled for execution in October 2026.

The latest order strengthens Gujarat Inject’s growing presence in the renewable energy sector as the company transitions from its traditional asset-light trading business towards solar power and other clean energy opportunities.

The company had entered into an Investment Sale Agreement with Soleos Energy Limited in June 2025 for the development of solar power projects. Subsequently, shareholders approved an amendment to the company’s Object Clause in September 2025, enabling Gujarat Inject to undertake activities related to the generation, transmission, trading and supply of electricity from renewable and conventional sources. The amended scope also includes opportunities in Battery Energy Storage Systems (BESS) and electric vehicle charging infrastructure.

As part of its solar power expansion, Gujarat Inject has recognised ₹2,076.45 lakh as Capital Work in Progress (CWIP) towards its Solar Power Generation Project. The company said the addition represents its first CWIP addition in two years and reflects its move towards renewable energy infrastructure.

Meanwhile, the company reported strong financial performance for FY2025-26. Total revenue increased 90.7% year-on-year to ₹3,632.04 lakh, compared with ₹1,904.58 lakh in FY2024-25. Profit After Tax (PAT) rose 78.3% to ₹181.41 lakh from ₹101.72 lakh during the previous fiscal year.

The company clarified that the growth in FY26 profitability was driven by its trading operations, as the solar generation project did not contribute operational revenue during the year. Purchases of stock-in-trade stood at ₹3,362.37 lakh during FY26.

The latest solar module order, along with the company’s ongoing investment in renewable energy infrastructure, marks another step in Gujarat Inject’s broader strategy to expand into the clean energy sector.

Gujarat Inject (Kerala) Limited has secured a domestic purchase order worth approximately ₹4.86 crore from Zentaraa Infra Projects Private Limited for the supply of 3,600 Solar PV Modules. The order is scheduled for execution in October 2026.

The latest order strengthens Gujarat Inject’s growing presence in the renewable energy sector as the company transitions from its traditional asset-light trading business towards solar power and other clean energy opportunities.

The company had entered into an Investment Sale Agreement with Soleos Energy Limited in June 2025 for the development of solar power projects. Subsequently, shareholders approved an amendment to the company’s Object Clause in September 2025, enabling Gujarat Inject to undertake activities related to the generation, transmission, trading and supply of electricity from renewable and conventional sources. The amended scope also includes opportunities in Battery Energy Storage Systems (BESS) and electric vehicle charging infrastructure.

As part of its solar power expansion, Gujarat Inject has recognised ₹2,076.45 lakh as Capital Work in Progress (CWIP) towards its Solar Power Generation Project. The company said the addition represents its first CWIP addition in two years and reflects its move towards renewable energy infrastructure.

Meanwhile, the company reported strong financial performance for FY2025-26. Total revenue increased 90.7% year-on-year to ₹3,632.04 lakh, compared with ₹1,904.58 lakh in FY2024-25. Profit After Tax (PAT) rose 78.3% to ₹181.41 lakh from ₹101.72 lakh during the previous fiscal year.

The company clarified that the growth in FY26 profitability was driven by its trading operations, as the solar generation project did not contribute operational revenue during the year. Purchases of stock-in-trade stood at ₹3,362.37 lakh during FY26.

The latest solar module order, along with the company’s ongoing investment in renewable energy infrastructure, marks another step in Gujarat Inject’s broader strategy to expand into the clean energy sector.

AIC Pinnacle Entrepreneurship Forum and National Automotive Test Tracks (NATRAX) have signed a memorandum of understanding (MoU) to support startups working in electric vehicles, automotive mobility and connected mobility. The partnership is aimed at linking startup incubation and industry networks with automotive testing and validation infrastructure. 

The MoU was signed at EKA Mobility’s Trucks and SCV Plant in Chakan by AIC Pinnacle CEO Dr Avinash Thakur and NATRAX Director Dr Manish Jaiswal. Under the partnership, startups will be supported across product development, testing, validation and commercialisation stages. 

As an initial step, the organisations are discussing a startup hackathon and access to NATRAX’s testing facilities for suitable startups from AIC Pinnacle’s existing cohort. The collaboration will also provide access to technical expertise and industry networks as startups work towards market readiness. 

The partnership combines AIC Pinnacle’s incubation, mentoring and industry network with NATRAX’s automotive testing and validation infrastructure. The organisations intend to use this setup to help startups progress from prototypes to product development and validation.

AIC Pinnacle CEO Dr Avinash Thakur said the collaboration is intended to give startups access to testing, technical and industry support beyond the incubation stage. NATRAX Director Dr Manish Jaiswal said the partnership will provide startups and innovators with access to testing, validation and wider ecosystem capabilities. 

Electric mobility is identified as a key focus area for AIC Pinnacle under the MoU. The organisations will also explore connections between startups and industry participants, strategic partners, educational institutions, government stakeholders and other ecosystem organisations across Maharashtra, Madhya Pradesh and the wider automotive innovation ecosystem. 

AIC Pinnacle Entrepreneurship Forum is a not-for-profit startup incubator supported by the Atal Innovation Mission, NITI Aayog. Its focus areas include electric vehicles, cleantech, sustainability, healthtech, manufacturing and engineering. NATRAX, located near Pithampur in Madhya Pradesh, provides testing and validation infrastructure for automotive technologies and products. 

AIC Pinnacle Entrepreneurship Forum and National Automotive Test Tracks (NATRAX) have signed a memorandum of understanding (MoU) to support startups working in electric vehicles, automotive mobility and connected mobility. The partnership is aimed at linking startup incubation and industry networks with automotive testing and validation infrastructure. 

The MoU was signed at EKA Mobility’s Trucks and SCV Plant in Chakan by AIC Pinnacle CEO Dr Avinash Thakur and NATRAX Director Dr Manish Jaiswal. Under the partnership, startups will be supported across product development, testing, validation and commercialisation stages. 

As an initial step, the organisations are discussing a startup hackathon and access to NATRAX’s testing facilities for suitable startups from AIC Pinnacle’s existing cohort. The collaboration will also provide access to technical expertise and industry networks as startups work towards market readiness. 

The partnership combines AIC Pinnacle’s incubation, mentoring and industry network with NATRAX’s automotive testing and validation infrastructure. The organisations intend to use this setup to help startups progress from prototypes to product development and validation.

AIC Pinnacle CEO Dr Avinash Thakur said the collaboration is intended to give startups access to testing, technical and industry support beyond the incubation stage. NATRAX Director Dr Manish Jaiswal said the partnership will provide startups and innovators with access to testing, validation and wider ecosystem capabilities. 

Electric mobility is identified as a key focus area for AIC Pinnacle under the MoU. The organisations will also explore connections between startups and industry participants, strategic partners, educational institutions, government stakeholders and other ecosystem organisations across Maharashtra, Madhya Pradesh and the wider automotive innovation ecosystem. 

AIC Pinnacle Entrepreneurship Forum is a not-for-profit startup incubator supported by the Atal Innovation Mission, NITI Aayog. Its focus areas include electric vehicles, cleantech, sustainability, healthtech, manufacturing and engineering. NATRAX, located near Pithampur in Madhya Pradesh, provides testing and validation infrastructure for automotive technologies and products. 

AIC Pinnacle Entrepreneurship Forum and National Automotive Test Tracks (NATRAX) have signed a memorandum of understanding (MoU) to support startups working in electric vehicles, automotive mobility and connected mobility. The partnership is aimed at linking startup incubation and industry networks with automotive testing and validation infrastructure. 

The MoU was signed at EKA Mobility’s Trucks and SCV Plant in Chakan by AIC Pinnacle CEO Dr Avinash Thakur and NATRAX Director Dr Manish Jaiswal. Under the partnership, startups will be supported across product development, testing, validation and commercialisation stages. 

As an initial step, the organisations are discussing a startup hackathon and access to NATRAX’s testing facilities for suitable startups from AIC Pinnacle’s existing cohort. The collaboration will also provide access to technical expertise and industry networks as startups work towards market readiness. 

The partnership combines AIC Pinnacle’s incubation, mentoring and industry network with NATRAX’s automotive testing and validation infrastructure. The organisations intend to use this setup to help startups progress from prototypes to product development and validation.

AIC Pinnacle CEO Dr Avinash Thakur said the collaboration is intended to give startups access to testing, technical and industry support beyond the incubation stage. NATRAX Director Dr Manish Jaiswal said the partnership will provide startups and innovators with access to testing, validation and wider ecosystem capabilities. 

Electric mobility is identified as a key focus area for AIC Pinnacle under the MoU. The organisations will also explore connections between startups and industry participants, strategic partners, educational institutions, government stakeholders and other ecosystem organisations across Maharashtra, Madhya Pradesh and the wider automotive innovation ecosystem. 

AIC Pinnacle Entrepreneurship Forum is a not-for-profit startup incubator supported by the Atal Innovation Mission, NITI Aayog. Its focus areas include electric vehicles, cleantech, sustainability, healthtech, manufacturing and engineering. NATRAX, located near Pithampur in Madhya Pradesh, provides testing and validation infrastructure for automotive technologies and products. 

AIC Pinnacle Entrepreneurship Forum and National Automotive Test Tracks (NATRAX) have signed a memorandum of understanding (MoU) to support startups working in electric vehicles, automotive mobility and connected mobility. The partnership is aimed at linking startup incubation and industry networks with automotive testing and validation infrastructure. 

The MoU was signed at EKA Mobility’s Trucks and SCV Plant in Chakan by AIC Pinnacle CEO Dr Avinash Thakur and NATRAX Director Dr Manish Jaiswal. Under the partnership, startups will be supported across product development, testing, validation and commercialisation stages. 

As an initial step, the organisations are discussing a startup hackathon and access to NATRAX’s testing facilities for suitable startups from AIC Pinnacle’s existing cohort. The collaboration will also provide access to technical expertise and industry networks as startups work towards market readiness. 

The partnership combines AIC Pinnacle’s incubation, mentoring and industry network with NATRAX’s automotive testing and validation infrastructure. The organisations intend to use this setup to help startups progress from prototypes to product development and validation.

AIC Pinnacle CEO Dr Avinash Thakur said the collaboration is intended to give startups access to testing, technical and industry support beyond the incubation stage. NATRAX Director Dr Manish Jaiswal said the partnership will provide startups and innovators with access to testing, validation and wider ecosystem capabilities. 

Electric mobility is identified as a key focus area for AIC Pinnacle under the MoU. The organisations will also explore connections between startups and industry participants, strategic partners, educational institutions, government stakeholders and other ecosystem organisations across Maharashtra, Madhya Pradesh and the wider automotive innovation ecosystem. 

AIC Pinnacle Entrepreneurship Forum is a not-for-profit startup incubator supported by the Atal Innovation Mission, NITI Aayog. Its focus areas include electric vehicles, cleantech, sustainability, healthtech, manufacturing and engineering. NATRAX, located near Pithampur in Madhya Pradesh, provides testing and validation infrastructure for automotive technologies and products. 

AIC Pinnacle Entrepreneurship Forum and National Automotive Test Tracks (NATRAX) have signed a memorandum of understanding (MoU) to support startups working in electric vehicles, automotive mobility and connected mobility. The partnership is aimed at linking startup incubation and industry networks with automotive testing and validation infrastructure. 

The MoU was signed at EKA Mobility’s Trucks and SCV Plant in Chakan by AIC Pinnacle CEO Dr Avinash Thakur and NATRAX Director Dr Manish Jaiswal. Under the partnership, startups will be supported across product development, testing, validation and commercialisation stages. 

As an initial step, the organisations are discussing a startup hackathon and access to NATRAX’s testing facilities for suitable startups from AIC Pinnacle’s existing cohort. The collaboration will also provide access to technical expertise and industry networks as startups work towards market readiness. 

The partnership combines AIC Pinnacle’s incubation, mentoring and industry network with NATRAX’s automotive testing and validation infrastructure. The organisations intend to use this setup to help startups progress from prototypes to product development and validation.

AIC Pinnacle CEO Dr Avinash Thakur said the collaboration is intended to give startups access to testing, technical and industry support beyond the incubation stage. NATRAX Director Dr Manish Jaiswal said the partnership will provide startups and innovators with access to testing, validation and wider ecosystem capabilities. 

Electric mobility is identified as a key focus area for AIC Pinnacle under the MoU. The organisations will also explore connections between startups and industry participants, strategic partners, educational institutions, government stakeholders and other ecosystem organisations across Maharashtra, Madhya Pradesh and the wider automotive innovation ecosystem. 

AIC Pinnacle Entrepreneurship Forum is a not-for-profit startup incubator supported by the Atal Innovation Mission, NITI Aayog. Its focus areas include electric vehicles, cleantech, sustainability, healthtech, manufacturing and engineering. NATRAX, located near Pithampur in Madhya Pradesh, provides testing and validation infrastructure for automotive technologies and products. 

Bondada Engineering Limited has received an EPC order worth ₹1,153.93 crore for the development of a 270 MWp ground-mounted Solar PV project across various locations in Maharashtra. The project will be executed over a six-month period from the receipt of the order and marks a significant addition to Bondada Engineering’s renewable energy portfolio. The scale of the order further demonstrates the company’s growing capabilities in executing large-scale solar projects.

The latest order comes as Bondada continues to expand its presence across high-growth energy and infrastructure segments, with a strategic focus on large-scale Solar EPC, Renewable Energy and Battery Energy Storage Systems (BESS), alongside emerging infrastructure opportunities.

Commenting on the development, Dr. Bondada Raghavendra Rao Chairman & Managing DirectorBondada Engineering Limited, said: “The ₹1,153.93 crore EPC order is a significant milestone for Bondada Engineering and reflects the growing scale of opportunities we are pursuing in the renewable energy sector. The 270 MWp project strengthens our Solar EPC portfolio and reinforces our focus on building execution capabilities across high-growth segments such as renewable energy and BESS. We remain committed to scaling our capabilities and delivering projects efficiently as India’s energy and infrastructure landscape continues to evolve.”

With the addition of the 270 MWp project, Bondada Engineering is further strengthening its position in the large-scale renewable energy EPC space, while building a diversified pipeline aligned with India’s growing clean energy and infrastructure requirements.