Rays Power Infra, an Indian solar EPC solutions provider and solar park developer, has secured new projects worth ₹833 crores in the April-June quarter of 2024. These projects, spread across two states, will add over 680 MW to the company’s portfolio.
The company is focusing on expanding its solar park and EPC divisions to drive growth. The leadership expects over 50% growth in revenue and profitability this financial year compared to last year. “Securing these projects is a significant step towards our targets and goals. We are committed to delivering high-quality projects and maintaining our growth momentum,” said Pawan Sharma, Whole-Time Director of Rays Power Infra.
Established in 2011, Rays Power Infra provides turnkey solar engineering, procurement, and construction (EPC) services. The company has implemented 1,207 MW of solar power projects. Recently, Rays Power Infra set up a subsidiary for producing solar modules, solar cells, and battery energy storage systems (BESS) at a large scale.
The subsidiary is evaluating land options and incentive policies across various states. Rays Power Infra is a leading renewable energy company in India, specializing in the development and management of solar power projects. Established with a vision to harness the abundant solar energy potential of the country, Rays Power Infra focuses on providing sustainable energy solutions through large-scale solar installations.
The company has a strong presence across various states, contributing significantly to the national grid and promoting the adoption of clean energy. By integrating advanced technology and innovative approaches, Rays Power Infra aims to deliver efficient and cost-effective solar power, supporting India’s goals for a greener and more sustainable future.
