Jaipur, October, 2020.
In a major breakthrough for the
Indian solar space, Rays Experts – one of the leading Solar EPC and park
developer companies in India – has successfully commissioned 6 solar parks in
Rajasthan with the combined power of 600 MW. Rays Experts has invested Rs.
3,000 crores on these parks which are spread across 2,500 acres of land, mainly
in the districts of Bikaner and Jodhpur, and provide more than 4 lakh houses
with renewable energy.
The deployed solar parks have benefited thousands of families by helping create business
and employment opportunities. The projects have collectively provided
employment to over 2,000 people so far. They are further employing close to 600
people each month for the park maintenance and additional capacity expansion.
This is over and above other benefits for the state including enhanced business
productivity, reduced carbon emissions, lower power tariffs, and increased GST
collection.
With its solar parks, Rays
Experts has catered to more than 275 customers in various industries ranging
from traditional namkeen (snacks), wool, media, hotels, hospitals, and marble
industries, alongside others.
Commenting on the development, Rahul Gupta, MD & CEO, “We are
proud to be the leading solar company in our home state. It gives us a feeling
of satisfaction that we are giving back to our state. Moreover, due to our
quality of installation and deep service network, we enjoy almost the complete
market share in the captive solar plant business which makes us more confident
about the future. Rajasthan has over 15 GW solar plants in the planning stage
for the next 3 years and we are proud to be a part of its solar journey”.
Rays Experts plans on investing
Rs. 50 crores additionally in Rajasthan over the next 2 years. The Solar EPC
and park developer has a current order of 250 MW in the state. It is developing
around 4 solar parks in other states as well, 3 of which have been approved and
in advanced stages of development. The company aims to reach the 1,000 MW
installation milestone by the end of 2021.