Rays Power Infra is one of the top solar EPC and IPP companies in India that has won Letters of Award (LOAs) of 1,440 MW during the last year under different tariff-based competitive bidding schemes of the Government of India.
The subsequently issued contracts encompass state-of-the-art Firm and Dispatchable Renewable Energy (FDRE) products and solar hybridized with Battery Energy Storage System (BESS) with the partnerships to accrue clean energy 24×7.
Some of the Major Highlights of Rays Power Infra’s 1440 MW Project:
- The aggregate awarded capacity is 1,440 MW
- Bid Type: Tariff competitive bids
- Types of Projects: Firm and Dispatchable Renewable Energy (FDRE) + Solar + Battery Energy Storage Systems (BESS)
- BESS: 830 MWh
- Technology Used: High-Tech Tracker System, Robotic Cleaning, TOPCon+ Solar Modules
- Strategic Goal: Help India to make the transition to renewable energy by providing high-performance and dispatchable clean energy
The signing of these LOAs is a significant step towards the expansion plan of the company, strengthening its position to handle large and complex renewable energy projects in line with changing energy dynamics in India. Awarding of the projects is a combination of the public sector utilities and the private sector, and also in terms of the states across India.
“Securing 1,440 MW of LOAs in a single year is a strong validation of our execution strength, technological leadership, and deep client trust. We are proud to be delivering flexible and dispatchable clean energy through FDRE and Solar + BESS solutions that will power the next phase of India’s energy transition.” according to Ketan Mehta, Managing Director of Rays Power Infra.
A high percentage of these awards involves 830 MWh of Battery Energy Storage System (BESS) capacity powering the grid to manage the peak loads and boost the energy reliability.
The projects will utilize the newest generation solar cells with TOPCon+ technology, advanced tracker systems, and the fully robotic capability of cleaning, which will guarantee high returns and efficiencies throughout the project lifetime.
“With these project wins, we are making a transformational entry into large-scale BESS deployment. Our focus remains on integrating cutting-edge technology with sustainable engineering practices to maximize energy efficiency and grid stability,” said Pawan Sharma, Whole-time Director at Rays Power Infra.
Such victories not only increase the company’s renewable project portfolio but also establish Rays Power Infra as a significant company with regard to the dispatchable clean energy environment that is extremely critical in India to reach its targets of generating 500 GW of non-fossil fuel by 2030.
