Published On:July 16 2024
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Rays Power Infra Secures Projects Worth ₹833 Crore in June Quarter.
Rays Power Infra, a prominent player in turnkey solar engineering, procurement, and construction (EPC) services, announced on Monday that it has successfully secured new projects totaling ₹833 crore during the first quarter of the current fiscal year.
According to a statement released by the company, these new projects will add over 680 megawatts (MW) to Rays Power Infra's existing portfolio. The acquisitions were made between April and June this year, highlighting significant growth and expansion efforts within the renewable energy sector.
"Securing these projects is a significant step towards our quarterly targets and long-term goals. We remain committed to delivering high-quality projects and maintaining our growth momentum to achieve our ambitious targets," stated Pawan Sharma, Whole-Time Director of Rays Power Infra.
The company, however, did not disclose specific details regarding the nature or locations of the newly acquired projects.
Rays Power Infra continues to strengthen its position in the solar EPC market, focusing on enhancing renewable energy capacity across India as part of its strategic business objectives.
BS