Rays Power Infra Secures ₹833 Crore in New Solar Projects

Rays Power Infra, a leader in solar engineering, procurement, and construction (EPC) services, has announced a significant milestone with the acquisition of new projects worth ₹833 crore in the first quarter of this fiscal year. These projects, adding a cumulative 680 megawatts (MW) to their portfolio, mark a robust expansion for the company in India's renewable energy sector.

According to company sources, the acquisitions were finalized between April and June this year, underscoring Rays Power Infra's strategic growth initiatives. Pawan Sharma, the Whole-Time Director, expressed confidence in meeting quarterly targets and long-term objectives through these developments.

While specific project details were not disclosed, the firm reiterated its commitment to delivering high-quality solar installations across the country. Rays Power Infra aims to bolster its standing as a key player in the solar EPC market, contributing significantly to India's renewable energy capacity.

The company's latest move aligns with broader efforts to advance sustainable energy solutions and underscores its proactive approach in scaling up renewable infrastructure nationwide.

News by Rahul Yelligetti