Rays Power Infra to Build 1800-MW Solar Park In Rajasthan

In a key development that further strengthens its presence in the state, Rays Power Infra has announced that it has signed an agreement with the state government of Rajasthan for the construction of a 1,800 MW solar park in the state.

The estimated worth of the entire project will be Rs 9,140 crore. Rays Power Infra said in its official statement that the Solar Park will generate 1,800 MW of renewable power, divided among three 300 MW projects and one 900 MW project.

The MoU for the development of the PV photovoltaic power station was signed in the presence of Ashok Gehlot, Chief Minister of Rajasthan.

Pawan Sharma, Director of Rays Power Infra, said, “We are overjoyed that the Rajasthan government has opted to support our vision and has signed a deal to create an 1800 MW solar park in the presence of the state’s chief minister, Ashok Gehlot. This MoU is an important step toward a more environmentally friendly tomorrow, and we are pleased to be a part of it.”

Mayank Sharma, President, Rays Power Infra, said, “This MOU will result in an environment that is welcoming to investors, a market that is always expanding, and growth opportunities that allow for healthy competition among various enterprises to advance Rajasthan’s economic stature.”

Jaipur-based Rays Power Infra is one of the key solar energy players in India. The firm has commissioned a portfolio of about 1.3 GWp. As per Rays Power Infra, it is already developing and executing solar projects with cumulative capacity of 2 GWp and expects to commission them in the coming two years. It is also building large-scale solar parks in Rajasthan for utility-scale and C&I purposes.

Rays Power Infra also has projects in other countries like Bangladesh and Vietnam besides being present in Asia and the Middle East.

The firm recently announced the commissioning of a 275-MW solar power project in Sundarganj of Bangladesh that is spread over 600 acres.