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.

EDITORIAL OF THE DAY

  • Allow 100 per cent FDI in asset reconstruction companies

    The asset reconstruction business is 13 years old and still struggling like a toddler.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Arun Nigavekar

Moocs will not replace traditional education

I am revisiting the topic of massive open online course ...

Rajgopal Nidamboor

From complexity to prudent adaptability

It is a travesty that a host of new, strikingly ...

Dharmendra Khandal

Creepy, you say? That’s merely ophidiphobia

Snakes are the earliest predators in the life of the ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture