Rays Power to Set-up 1200 MW by 2020; Plans Intl Expansion

The firm has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019.

With an eye on the international market, a solar power development and Engineering, Procurement and Construction (EPC) Company Rays Power Infra has announced its plans to set-up 1200 MW capacity by the end of 2020.

The company said in a statement that it has so far installed 620 MW of solar power capacity across India and has additional 150 Mw of utility-scale capacity in an advanced stage of development.

Rays Power has also initiated development of over 200 Mw of ground-mounted projects selling power directly to the end consumers, under its subsidiary Rays Future Energy, which are expected to be commissioned by end of 2019.

An additional 350 MW of capacity is under development in the state of Tamil Nadu, Karnataka, Andhra Pradesh and will enable the company to commission over 1000 Mw of aggregate capacity by the end of 2020 domestically.

Ketan Mehta, CEO, Rays Power Infra said, “We look forward to successfully implementing solar power plants in India and markets abroad, as we look to expand our reach into new territory that has great potential for solar power generation.”

Rays Power Infra has a presence across the entire solar value chain.  It is a company that boasts itself in development of green technology solutions that are environmentally friendly, energy-efficient & cost-effective.

The company was started by the IIT Roorkee graduates in 2011, Rays Power Infra Private Limited owns IPP assets (both ground mounted and rooftop), expertise in the Transmission and Power distribution segment and in-house EPC capabilities.