Rays Power Infra has secured a contract to develop a 200 MW round-the-clock (RTC) renewable energy project for Railways Energy Management Co. Ltd. (REMCL). The project will be executed through its subsidiary, Bhalki Solar Power.
The project will integrate more than 700 MW of solar and wind capacity, supported by over 1,000 MWh of battery energy storage system (BESS), to ensure uninterrupted RTC power delivery. The project adds INR 5,000 crore in Rays Power’s orderbook.
The project is scheduled for commissioning by June 2028. Rays Power stated that it will deploy modules manufactured using solar cells sourced from its upcoming cell manufacturing facility under its subsidiary, Rays Green Energy, which is currently under construction in Madhya Pradesh.
Rays Power will utilize its own solar and wind parks for developing the project. “The RTC framework and design will open the new opportunities for future green power applications, including green hydrogen, green ammonia, ai data centres, and other high-energy intensive sectors,” it said.
Ketan Mehta, managing director, Rays Power Infra said, “This win represents the culmination of a development journey we began two years ago, when we undertook development of solar–wind co-located hybrid sites across multiple locations. These efforts have delivered significant cost competitiveness and maximised utilisation of evacuation infrastructure, enabling us to achieve one of the lowest LCOEs in the industry.”
Vaibhav Roongta, chief business officer, Rays Power Infra Ltd said “The RTC renewable energy model aligns strongly with India’s national objective of building 24×7 green power ecosystems.”
Rays Power Infra develops utility-scale renewable energy projects under a co-development model and provides engineering, procurement, and construction (EPC) services. The company reported a diversified portfolio of around 11,665 MWp across solar, wind, and hybrid assets, including 2,247.3 MWp of commissioned capacity as of Jan. 31, 2026.
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