Rays Power Infra Expands Portfolio

22 Oct 2024 CW Team

Rays Power Infra has significantly expanded its renewable energy portfolio by securing projects worth ?940 crore, reflecting the company's continued growth in India's booming green energy sector. The new projects will primarily focus on solar power, aligning with India's ambitious renewable energy goals and global commitment to reduce carbon emissions.

This development comes at a time when the Indian government is heavily promoting sustainable energy solutions to meet its 2030 renewable energy targets, and companies like Rays Power Infra are capitalizing on this shift. These solar power projects are expected to add substantial capacity to the company’s existing portfolio, which already includes several large-scale solar plants across the country.

The secured projects will contribute to enhancing India’s overall power generation capacity, promoting sustainable energy solutions that reduce reliance on fossil fuels. Rays Power Infra's expansion into larger, more advanced renewable energy projects not only strengthens its market position but also supports the government's broader goals of fostering clean energy adoption and reducing greenhouse gas emissions.

The ?940 crore investment showcases the confidence in India’s renewable energy sector and the increasing opportunities for growth in this field. As demand for clean, sustainable power continues to rise, companies like Rays Power Infra are poised to play a pivotal role in driving the nation’s energy transition. These new projects are expected to be completed over the next few years, contributing significantly to India's energy mix and long-term environmental sustainability.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..