Rays Power Infra Lands Major Renewable Energy Project

Rays Power Infra has secured a significant contract worth Rs 1,912 crore from a public sector entity to develop a 300 megawatt renewable energy project in Karnataka. The project is expected to be completed within the next three years, pushing the company's orderbook past Rs 8,000 crore.

On Tuesday, Rays Power Infra announced the acquisition of a substantial contract valued at Rs 1,912 crore. This agreement, with a public sector entity, involves the development of a 300 megawatt renewable energy project.

Planned for a new energy park in Karnataka, the project aims for completion within three years, according to a company statement.

The addition of this project raises Rays Power Infra's orderbook to over Rs 8,000 crore, marking a significant milestone for the company.

(With inputs from agencies.)