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Rays Power Infra inks MoU with Uttarakhand for 500-MW solar park – EQ

Rays Power Infra inks MoU with Uttarakhand for 500-MW solar park – EQ

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In Short : Rays Power Infra has signed a Memorandum of Understanding (MoU) with the state of Uttarakhand in India for the development of a 500-megawatt (MW) solar park. This collaboration signals a commitment to expanding solar energy infrastructure in Uttarakhand and contributes to the state’s renewable energy goals.

In Detail : New Delhi : Rays Power Infra has inked an initial pact with the Uttarakhand government to build a 500 MW solar park in the state.

The collaboration underscores the company’s dedication to advancing sustainable energy initiatives and aligning with the Uttarakhand government’s vision for an environmentally responsible future, the company said in a statement.

“This strategic partnership epitomizes our commitment to advancing solar energy solutions in India. We anticipate that the 500 MW solar park will not only fulfill a significant portion of the state’s power demands but will also act as a catalyst for economic growth and environmental preservation,” Rays Power Infra Managing Director Ketan Mehta said.

Rays Power Infra has initiated the development and execution of solar parks and plants, aggregating to 2 GW, with expected commissioning in the next 24 months.

Anand Gupta Editor - EQ Int'l Media Network