Rays Power Infra Pvt. Ltd., one of the biggest solar EPC companies in India, has announced bagging of the largest single solar EPC project of Essel Group.
Rays Power Infra has been chosen for Complete Design, Engineering, Procurement and Construction of the project. The company is all set to execute these projects in Punjab and UP in record time of three months. The total capacity of these plants in Punjab and UP is 31.5 MW and 55 MW respectively and is expected to generate power by April 2015. Together, they will power more than 30,000 households and is equivalent to planting 1.3 lakh trees every year. The total investment outlay on these projects is Rs 700 crore. The power that will be generated will be sold to respective State governments at Rs 8.5 per unit. The projects are in line with PM Narendra Modi´s aggressive plans to ramp up solar generating capacity.