Rays Power Infra plans to Commission 500 MW of Solar Energy in the next 9 months ; promises a progressive and sustainable future – EQ Mag Pro
The brand plans to assist industrial and commercial setups to strikingly reduce power costs, carbon emissions and increase environmental footprint through a considerable source of renewable energy.
New Delhi : India is growing aggressively and has moved up to the fourth position in the international renewable energy market. Despite all the achievements in the renewable energy sector over time, India at present is still generating more than 70% of its required energy from fossil fuels.
At such a crucial juncture, Rays Power Infra’s spectacular green power generation on the back of advanced solar energy technology has come out as the ray of sunshine for contemporary industrial and commercial setups.
Rays Power Infra has successfully closed a progressive and futuristic partnership for generating and supplying power under various long-term power purchase agreements within India and Southeast Asia. Rays Power is committed to generating over 500 MW of solar energy within the next nine months to offset the power requirements of 50% for corporate customers and 50% for utility projects. Out of this 500 MW, 220MW would be developed in India, and the remaining 280 MW will add to the brand’s international portfolio.
Rays Power Infra enables companies to reduce their CO2 emissions considerably and make major cutbacks on power costs. Rays Power assists companies in increasing green and eco-friendly attributes ostensibly. The leading solar power EPC (Engineering, Procurement, and Construction) company supports other industry giants to take a conspicuous edge above contemporaries while helping renewable energy thrive, effectively reducing power costs and increasing green footprint.
Speaking on this occasion, Managing Director of Rays Power Infra, Ketan Mehta, said, “The world is changing, and it’s changing fast. In this context, we at Rays Power Infra are strenuously working towards strengthening our Solar development capabilities. We hope to continue living up to our company’s vision, “Rise with Rays.” Considering the disadvantages of leveraging energy generated with fossil fuels from a safe and sustainable future perspective is no longer viable. Therefore, we must rely on renewable and natural energy generating sources to ensure that our future is secure, safe, and imperishable. This is a huge step forward for us and the solar energy industry, and we aspire to continue down this path and reach new green heights.”
Adding further, CEO of Rays Power Infra – Rahul Mishra, said, “Rays Power Infra has already entered the international energy market, but we strive to delve deeper into this industry. With this recent partnership with leading industry players, we are sparing no effort to reduce power costs and carbon emissions significantly. In fact, our on-ground construction activities for generating the promised 500MW are in full swing to achieve set targets.”
Creating significant benchmarks, leveraging new-age technologies in the renewable energy sector, Rays Power Infra has established over 1GW projects in several states, including Tamil Nadu, Karnataka, Telangana, Uttarakhand, Rajasthan, Punjab and Uttar Pradesh.
About Rays Power Infra:-
Rays Power Infra is one of the Largest Solar Developer and EPC Management company. We have commissioned solar park and projects rounding to 1000 MW.
Rays Power Infra established in 2011, has been one of the pioneers in the Solar park regime & now an established player in Turnkey Solar EPC services, catering to the increasing demand in the country. Its presence in almost all major corners of the country has significantly contributed National Solar Mission.
Apart from being an EPC solution provider, the company is known for its differentiated and unique ‘Co-Developer’ approach offering cost-effective investment returns to its private equity investors. As a reason, it has gained the confidence of its customers and investors, in a short stint. Also, it owns projects in the IPP model for both ground-mounted & rooftop segments.
The company has gained expertise in the Transmission, Power distribution, and rooftop segment as well. Being a competitive solar EPC management organization in India, it extends support extensively in Consulting – Engineering – Contracting – Commissioning services. Member at various forums, it contributes to the solar movement in the country. Various recognitions have come their way to portray its success stories of which a few have been showcased including “Most Promising Brand in Power and Energy Sector” by WCRC (1) in London in 2015.
In 2015, the company was ranked as the 3rd Largest Solar EPC Player in the country following which it again was recognized as one of the top 10 players across the globe apart from US & China in 2017 (SOURCE- IHS MARKIT 2017).
Rays Power Infra is expanding its presence across Asia, Africa, and Australian regions.
