Rays Power Experts Pvt. Ltd. – One of the largest Solar Company
April 14 2016, 17.24 PM IST || Pocket News Alert
Bagged 10 MW project of Karnataka Renewable Energy Development Ltd. (KREDL) under state solar scheme for the development of Solar Power Projects
Rays Power Experts- India’s one of the largest solar power EPC and development company, bagged 10 MW of the total capacity of the Grid for the development of Solar PV Power Plant Project employing Poly Crystalline Technology at Taluka: Chikkabalapura, District: Chikkabalapura , in the state Karnataka under state solar scheme at the tariff of 5.04 INR/kWh (PPA) with Karnataka Renewable Energy Development Ltd. (KREDL) .
Rays Experts will execute the Power Purchase Agreement (PPA) with “Hubli Electricity Supply Company limited (HESCOM) “.
Speaking on the project, Mr. Rahul Gupta, Director, Rays Power Experts commented that, “Rays Experts is a global solar power development and EPC Company with the highest number of solar EPC projects in India and is committed to aggressively expand its Solar Power business across India. We are aiming at reducing the cost of solar power generation in the States so as to make Solar a crucial component of India’s energy portfolio in the next decade. We also believe that solar market can develop fairly quickly. Very Soon Solar will be seen as a more viable energy source not just an alternative to other sources but in a significant proportion in all’. Solar cost in India is already among the worlds lowest when compared with other countries / States.”
Rays Experts is India’s leading solar power project development company with more than 450 MW capacity solar plants in its portfolio. Around 165 MW are successfully commissioned and are amongst the best performing plants. Rest projects are under execution which also include NHPC(Tamil Nadu), DMRC & NDMC, Delhi and SJVNL (Gujarat). Founded in the year 2011 with an aim to make the environment greener and cleaner; Rays today holds an accolade in executing highest number of value driven renewable energy solar PV projects. It is the technological leader for solar power in India with the developments of over 500 acre solar plants.
The company provides hassle free services by offering 360 degree solutions and services for solar energy investments. This covers everything from land and site identification, supply of solar panels and accessories, development of site infrastructure, installation and commissioning, power evacuation to operation and maintenance over the entire life of the project. It also includes obtaining necessary approvals and expediting finance from banks, integrating value chain, from market mapping to design, manufacturing and supply chain, sales, commissioning to operations and maintenance & monitoring.
It has the highest number of installations in the country with strong footprints in 6 states in India; Delhi, Rajasthan, Haryana, Gujarat, Tamil Nadu & Madhya Pradesh.