Rays Power Infra to Build 500 MW Solar Park in Rajasthan

Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources.

Pawan Sharma, Director, Rays Power Infra, said, “Rays Power Infra was constituted to promote cleaner, greener, and better environmental conditions. On the back of extensive research and development, testing and commissioning, we have established best-in-class solar projects at par with global standards in India and abroad.”

“We are thrilled that the Rajasthan government decided to support our vision and signed an agreement to build a 500 MW Solar Park in the state. This MoU is an instrumental step towards eco-friendly tomorrow, and we are pleased to be a part of this initiative, he added”

The company has started the construction of the 500 MW of solar plant, which is expected to be commissioned in the next nine months to offset the power requirements of 50% for corporate customers and 50% for utility projects. Out of this 500 MW, 220 MW would be developed in India and the remaining 280 MW will add to the brand’s international portfolio, said Rays Power Infra.

Recently, the company has also installed large-scale solar projects in Vietnam and Bangladesh. Rays Power is expanding its presence across Asia, Africa, and Australian regions, states the firm. Being a solar EPC management organisation in India, the company offers consulting, engineering, contracting and commissioning services in the transmission, power distribution, and rooftop segment.

In 2015, Rays Power Infra was ranked as the third largest solar EPC player in the country, following which, it again was recognised as one of the top ten players across the globe apart from the US & China in 2017. The company possesses a 1 GW commissioned portfolio.