Rays Power Infra Secures 1.44 GW in LOAs Under Tariff-Based Bidding process of NHPC & NTPC – EQ
New Delhi – Rays Power Infra Limited, a leading solar EPC and renewable energy developer, proudly announces that it has secured 1,440 MW of Letters of Award (LOAs) through various tariff-based competitive bids over the past year. These awards span a diverse range of projects, including cutting-edge Firm and Dispatchable Renewable Energy (FDRE) projects and Solar + Battery Energy Storage System (BESS) solutions.
This major milestone reflects Rays Power Infra’s strategic focus on delivering reliable, dispatchable, and sustainable energy solutions to meet India’s evolving energy needs. The awarded projects underscore the company’s technical excellence, financial strength, and capability to execute complex, large-scale renewable energy initiatives.
Mr. Ketan Mehta, Managing Director, Rays Power Infra, said: “Securing 1,440 MW of LOAs in just one year is a strong validation of Rays Power Infra’s commitment to innovation, execution excellence, and building a greener future for India. As the energy sector transforms rapidly, we are proud to be at the forefront, delivering flexible and high-efficiency renewable energy solutions such as Solar + BESS and FDRE projects. This achievement is also a testament to the trust our clients place in us and the unwavering dedication of our passionate team.”
Mr. Pawan Sharma, Wholetime Director, added: “With these wins, we are making a significant foray into large-scale Battery Energy Storage System (BESS). As part of the project, We will be installing 830 MWh of BESS capacity. These projects will also feature Advanced Tracker Systems, Fully Robotic Cleaning Solutions, and the Latest TOPCon+ Technology Solar Modules to ensure superior performance and energy yield.”
These project wins further strengthen Rays Power Infra’s portfolio and solidify its position as a trusted partner for both public and private sector clients in the renewable energy sector.
About Rays Power Infra Limited
We are in the business of developing and implementing Renewable Energy parks offering comprehensive, end to end for installation of solar, Wind power projects tailored to our customers’ requirements including offering engineering, procurement and construction (“EPC”) services to the independent power producers (“IPP”) co-developers, large Central Public Sector Units (“CPSUs”) and corporate and institutional customers (“C&I”), catering to the increasing demand for renewable energy in India.
