Rays Power Infra, one of the leading solar players in the country with a commissioned portfolio of 1.30 GWp, has added another feather to its cap. The company has recently signed an Engineering, Procurement, and Construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions company focusing on industrial decarbonization.
Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and construction of a 283MWdc solar PV project using single-axis trackers and bifacial modules.
Focusing on the development, Ketan Mehta, CEO & MD of Rays Power Infra, said, “ This is the result of our collective hard work and effort. As we scale up, the path ahead will be more challenging. We are also targeting our first BESS project and the first floating solar project soon.”
Adding to that, Pawan Sharma, Director of Rays Power Infra, said, “While the project is focused on solar energy, it will also create several job opportunities for local people and business growth avenues for the subcontractors. In our quest to establish Rays as a global EPC player, we are focusing on establishing more such power plants in Karnataka and other states.”
Rays Power Infra has initiated the development and execution of solar parks and plants aggregating to 2.00 GW with expected commissioning in the next 24 months, contributing to the power requirements of the consumers.
