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.