Rays Experts, a Rajasthan-headquartered engineering, procurement and construction services company, has announced the commissioning of a 10 MW solar plant in Haryana’s Bhiwani district.
The PV project, in Siwani, is part of an ongoing 40 MW solar park spread across 150 acres of land, which was conceptualized in 2017. The electricity generated by the 10 MW plant will be used to bring down electricity charges for nearby businesses from Rs7 per unit to an average of Rs2.5.
The plants have been set up under the captive model which indicates they will be developed by third-parties and will sell power to specific clients, rather than into the grid. The projects will use the park infrastructure developed by Rays Experts.
Rahul Gupta, CEO and managing director of Rays Experts, said: “The latest development has taken place despite a difficult policy terrain in Haryana, wherein other similar projects have either stalled or are lagging behind their said timelines.”
Rays Experts has installed more than 700 MW of solar generation capacity in India. The company has an aggressive renewables plan for Haryana with total infrastructure development of 150 MW in the pipeline for the coming two years. It also plans to expand into three more states this fiscal year.
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