Rays Power Experts Raises Rs 20 Cr Equity Funding Updated On Thu, Jul 25th, 2024 by Saurenergy 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 […] Read more
Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23 Updated On Tue, Jan 31st, 2023 by Saurenergy 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. […] Read more
Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth Updated On Wed, Jun 8th, 2022 by Saurenergy 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 […] Read more
Rays Power Experts Opens Up 3000 MWp Solar Park For Developers In Rajasthan Updated On Tue, May 17th, 2022 by Saurenergy 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 […] Read more
“Govt. should do away with all financial subsidies for the solar biz”, Rahul Gupta, Rays Experts Updated On Fri, Sep 25th, 2020 by Saurenergy Rays Experts, an early entrant to the solar sector in 2011, has been a quite and dependable performer. Focused mainly on EPC and rooftop work till recently, the firm just inaugurated the first 10 MW of its solar park in Haryana, a first for the state too. We spoke to Rahul Gupta, MD &CEO, who […] Read more
Rays Experts Commissions Haryana’s First Ever Solar Park For 10 MW Updated On Wed, Sep 9th, 2020 by Saurenergy 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 […] Read more
Singapore based CCube Angels Network Invests INR 5.47 Crores In Public Limited BSE Listed Company, ALFA Transformers Limited Updated On Mon, Oct 15th, 2018 by Saurenergy 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 […] Read more
