Rays Power inks MoU for Rs 500 crore solar investment in Rajasthan
POWER & RENEWABLE ENERGY

Rays Power inks MoU for Rs 500 crore solar investment in Rajasthan

Rays Power Experts, a prominent EPC and solar project infrastructure provider, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 500 crore or $67.2 million in the state.

The company will construct a 120 MW solar park in the Bikaner area as part of the MoU. The solar park will supply captive solar installations with plug-and-play infrastructure.

Nidhi Gupta, director at Rays Power Experts, told the media that the first phase of 50 MW of the projected 120 MW capacity is expected to be operational by March, with the rest of the capacity expected to be operational by December.

Rays Experts has completed over 700 MW of solar projects in Rajasthan for over 200 customers, the majority of whom are in the commercial and industrial sectors.

In India, the company has built over ten solar parks and completed rooftop solar projects for over 10,000 houses, in addition to C and I installations around the country.

Rays Power Infra is a leading solar developer and EPC manager in the United States.

Rays Power Infra, founded in 2011, was a pioneer in the solar park regime and is now a well-established player in turnkey solar EPC services, responding to the country's growing demand. Its presence in nearly every major city across the country has made a substantial contribution to the National Solar Mission.

Transmission, power distribution, and rooftop segments are all areas where the organisation has earned competence. It provides full support in Consulting - Engineering - Contracting - Commissioning services as a competitive solar EPC management firm in India. It participates in numerous forums and contributes to the country's solar movement.

Image Source

Also read: ZR Power signs MoU with Maharashtra Govt

Rays Power Experts, a prominent EPC and solar project infrastructure provider, has signed a Memorandum of Understanding (MoU) with the Rajasthan government to invest Rs 500 crore or $67.2 million in the state. The company will construct a 120 MW solar park in the Bikaner area as part of the MoU. The solar park will supply captive solar installations with plug-and-play infrastructure. Nidhi Gupta, director at Rays Power Experts, told the media that the first phase of 50 MW of the projected 120 MW capacity is expected to be operational by March, with the rest of the capacity expected to be operational by December. Rays Experts has completed over 700 MW of solar projects in Rajasthan for over 200 customers, the majority of whom are in the commercial and industrial sectors. In India, the company has built over ten solar parks and completed rooftop solar projects for over 10,000 houses, in addition to C and I installations around the country. Rays Power Infra is a leading solar developer and EPC manager in the United States. Rays Power Infra, founded in 2011, was a pioneer in the solar park regime and is now a well-established player in turnkey solar EPC services, responding to the country's growing demand. Its presence in nearly every major city across the country has made a substantial contribution to the National Solar Mission. Transmission, power distribution, and rooftop segments are all areas where the organisation has earned competence. It provides full support in Consulting - Engineering - Contracting - Commissioning services as a competitive solar EPC management firm in India. It participates in numerous forums and contributes to the country's solar movement. Image Source Also read: ZR Power signs MoU with Maharashtra Govt

Next Story
Infrastructure Transport

Tunnelling Begins for Thane, Borivali twin tunnel project

Tunnelling work has commenced for the 11.84-km Thane–Borivali Twin Tunnel, set to be India’s longest urban road tunnel, marking a key milestone in Mumbai’s infrastructure development.As per a post shared by Mumbai Metropolitan Region Development Authority on social media platform X, the tunnel boring machine (TBM) ‘Nayak’—the country’s largest single-shield hard rock TBM for an urban tunnel—was launched by Devendra Fadnavis on Tuesday. The event was attended by Eknath Shinde and Sunetra Pawar, among other dignitaries. A second TBM, ‘Arjuna’, is expected to be launched so..

Next Story
Infrastructure Transport

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Next Story
Infrastructure Energy

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement