Rays Power Infra has signed a memorandum of understanding (MoU) with the Rajasthan government to build an avant-garde PV Photovoltaic (PV) Power Station (also known as a solar power plant). Reportedly, the solar park will generate 1800 MW of renewable power, divided among three 300 MW projects and one 900 MW project. The entire project, the largest in the country, is estimated to be worth Rs 91.4 billion.
Rays Power Infra is one of the leading solar players in the country with a commissioned 1.30 GWp portfolio. Reportedly, the company has initiated the development and execution of solar parks and solar plants aggregating to 2 GWp with expected commissioning in the next 24 months contributing to the power requirements of the consumers. It is also developing large scale solar parks in Rajasthan, which will be utilised for setting up utility-scale and C&I projects.
In August 2022, Rays Power Infra announced the opening of a 150 MW solar project (grid-connected) in Raichur and Koppal, Karnataka. Reportedly, the project would produce about 240,000 MW of green energy annually. In order to meet the electricity needs of customers in India and overseas, the company also stated that it had started the implementation of a 500 MWp solar park, with commissioning anticipated in the next nine months.