Mumbai-based Rays Power Infra has filed its 1,150 Crores Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 2, is a fresh issue up to Rs 900 crore and an offer for sale up […]
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 […]
Rays Power Infra announces closure of INR 127 Crore Equity Capital Fund Raise – EQ
New Delhi : Rays Power Infra, a leading player in the solar EPC and turnkey solution sector, proudly announces the successful closure of a fundraise of INR 127 crores as equity capital. The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting […]
RAYS Power Infra Announces Creation of 100% Owned Subsidiary for Gigawatt-Scale Solar and BESS Manufacturing – EQ
New Delhi : RAYS Power Infra, a leading name in the renewable energy sector, is proud to announce the establishment of a wholly-owned subsidiary dedicated to the manufacturing of solar modules, solar cells, and Battery Energy Storage Systems (BESS) at a gigawatt scale. This strategic move marks a significant step forward in the company’s commitment […]
Rays Power Infra Secures Major Contracts, Expands Presence in Gujarat and Assam Solar Markets, and Eyes Further Growth – EQ
Rays Power Infra Secures Major Contracts, Expands Presence in Gujarat and Assam Solar Markets, and Eyes Further Growth Rays Power Infra Limited (“Company”), a leading player in the renewable energy sector, proudly announces the acquisition of three orders in its Solar EPC Business totalling 520 MWp, two from a renowned CPSU (Central Public Sector Undertaking) […]
Rays Power Infra inks MoU with Uttarakhand for 500-MW solar park – EQ
In Short : Rays Power Infra has signed a Memorandum of Understanding (MoU) with the state of Uttarakhand in India for the development of a 500-megawatt (MW) solar park. This collaboration signals a commitment to expanding solar energy infrastructure in Uttarakhand and contributes to the state’s renewable energy goals. In Detail : New Delhi : […]
Rays Power Infra signs 283-MW solar project deal with Serentica Renewables – EQ Mag
Rays Power Infra shall be responsible for the engineering, procurement, and construction (EPC) of a 283MW DC solar PV project at Koppal in the state of Karnataka using single-axis trackers and bifacial modules. Rays Power Infra, one of the leading solar players in the country with a commissioned portfolio of 1.30 GWp, has added another […]
Rays Power Infra Forays into Water EPC Business and Plans to Double Revenue Every Two Years – EQ Mag
Bags prestigious HarGhar Jal Yojana project in Uttar Pradesh worth Rs.650 crores, which aims to provide clean drinking water to over one crore households by March 2024 The order book is currently approximately Rs. 1800 crores, with a focus on solar energy in Rajasthan, Gujarat, Madhya Pradesh, Tamil Nadu Currently executing solar parks and plants […]
Rays Power Infra Signs MoU with the Rajasthan government to build 1800 MW Solar Park – EQ Mag
The endeavor is in line with the company’s long-standing vision and objective to build large-scale solar projects both domestically and internationally. Jaipur : Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government in the presence of Hon’ble Chief Minister Shri Ashok Gehlot to build an avant-garde PV Photovoltaic (PV) Power […]
Rays Power Infra successfully commissions 275 MW (DC) Solar PV Project in Bangladesh – the Single Largest Solar Plant in the Country – EQ Mag
Rays Power Infra, the Jaipur-headquartered solar EPC Company has commissioned a 275 MW(DC) solar plant in SUNDARGANJ, GAIBANDHA in Bangladesh. Comprising over 500,000 Solar PV modules, the project was commissioned within 14 months. Creating indigenous expertise in Bangladesh for construction of large solar projects and generating employment for nearby villages. Engaged 2000 manpower on a […]