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Business EconomyPosted at: Mar 4 2024 6:57PM


Rays Power Infra bags order for 3 solar projects

New Delhi, Mar 4 (UNI) Renewable energy firm Rays Power Infra on Monday said that it has bagged orders for three solar projects totalling 520 MWp.
While it received two orders from a central PSU, one order came from a global renewable energy developer.
"These orders marked the company’s entry into the Gujarat and Assam markets. This also positions the company as one of the key EPC players in 14 states in India," the company said.
Rays Power Infra said that the combined order value for these projects underlines the company's commitment to advancing sustainable energy solutions.
"This strategic move not only reinforces the company's foothold in the renewable energy landscape but also strengthens its relationship with the stakeholders in the industry," it said.
The company is actively pursuing further growth opportunities. It has submitted multiple bids for solar EPC projects in India, Mauritius, Liberia, Bangladesh and Sierra Leone, with a cumulative value exceeding Rs 3,400 crores and outcome of which is awaited.
"This underscores Rays Power Infra's dedication in contributing to the growth of green energy, and supporting the energy transition in diverse regions," the solar firm said.
Rays Power Infra said that it remains steadfast in its mission to contribute to the advancement of sustainable energy, and play a pivotal role in achieving ambitious renewable energy targets.
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