Rays Power commissions 14 solar power projects in FY14

Rays Power Experts, a solar power development and EPC company commissioned 14 projects last fiscal.

The company's solar power capacity is now 85 MW with 56 projects.

"We always strive to develop more and more projects in the most efficient manner," Rahul Gupta, Director, Rays Power Experts said in a statement today.

Rays Power is now starting two new parks in Rajasthan for 100 MW of capacity.

It has also signed a 25 MW project for an Independent Power Producer in March 2014 which will be commissioned by June 30, the company said.

For the VGF (Viability Gap Funding) based model, the company has set up solar parks across the country to take care of solar projects of 750 MW capacity.

In these parks, dedicated infrastructure and transmission lines will be provided to the investors, the company said, adding that it will help them combat land related and local issues as well as conversion related problems, ensuring fast bank finance and speedy execution.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Steps towards transparency in the real estate sector are long overdue

    Searching for black money in India’s real estate sector, which constitutes 11 per cent of the country’s $ 2 trillion GDP, is like searching for th

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Reaping from the core of the earth

Geothermal energy is energy generated from inside the earth’s crust. ...

Zehra Naqvi

For the love of language

A video doing the rounds in social media these days ...

Dharmendra Khandal

‘Poop’ coffee anyone? If civets suffer, so be it

That a drink which proudly associates itself with animal poop ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture