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Rays Power Infra closes Rs 200 crore funding from DMI Finance

By : Sustainability ..., Dec 24, 2018

 Rays Power Infra, Mumbai-based solar power developer and EPC player, on Friday announced it has successfully closed first round of Rs 200-crore mezzanine funding -- hybrid of debt and equity...

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Bank hedges corporate power tariffs: Rays Power Infra to build 10MW solar power plant in AP

By : Sustainability ..., Jun 17, 2014

 Rays Power Infra, an ISO 9001 and 14001 certified company has announced solar power project commissioning 10MW solar power plant at Midjil in Andhra Pradesh.

The total cost of the project is Rs.65 crores and has an estimated annual output of 18 million KWH. The power...

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Subject Tags: Rays Power

Solar power firms in a jam over poor implementation of REC norms

By : Sustainability ..., Jan 10, 2014

 Most States are not honouring the Renewable Energy Certificates (REC) mechanism, launched to promote solar power generation in the country, leaving such power companies in financial strain, according to industry representatives.

The REC mechanism, launched in 2010,...

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Subject Tags: Rays Power