Rahul Gupta

Rays Power Experts Raises Rs 20 Cr Equity Funding

Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […]

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Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23

Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […]

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Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth

The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […]

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Rays Power Experts Opens Up 3000 MWp Solar Park For Developers In Rajasthan

The world’s largest solar park of 3000 MWp capacity is ready to welcome developers to establish  their projects in Rajasthan. Rays Experts, the park operator, stated in a statement published on Tuesday that the 9000-acre solar park will be built in Bikaner, Rajasthan. It has signed the necessary transmission agreements and obtained all approvals for […]

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Rays Experts Commissions Haryana’s First Ever Solar Park For 10 MW

Rays Experts,  an early mover in the space, and a leading Solar EPC and park developer firm in India – has successfully commissioned Haryana’s first-ever solar park in Siwani, Distt. Bhiwani. With this, a 10 MW Solar PArk to be expanded with a further 30 MW,  Haryana joins the states with a functioning solar park […]

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Singapore based CCube Angels Network Invests INR 5.47 Crores In Public Limited BSE Listed Company, ALFA Transformers Limited

CCube Angels Network, Singapore based angel investing network and a group of investors have invested INR 5.47 crores (SG $ 1,024,692.31) in ALFA Transformers Limited, a Public Limited BSE listed Company, engaged in manufacturing of Power and Distribution Transformers for more than 30 years. ALFA plans to utilize the investment for further expanding the manufacturing […]

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