TAG: "Rays Power Infra"

News

Rays Power Infra Files DRHP with SEBI for INR 1,150-Crore IPO

Rays Power Infra files DRHP for INR 1,150-crore IPO to fund solar cell manufacturing, working capital, and expand renewable energy operations.

Rays Power Infra | October 01, 2025 | By EI News Network | 1084

Rays Power Infra Secures 1,440 MW of LOAs for FDRE and Solar + BESS Projects

Rays Power Infra Limited announces that it has secured 1,440 MW of Letters of Award (LOAs) through various tariff-based competitive bids over the past year. These awards span a diverse range of projects, including cutting-edge FDRE projects and Solar + Battery Energy Storage System (BESS) solutions.

Rays Power Infra | August 04, 2025 | By News Bureau | 930

NTPC, ReNew, Jindal, Adani, Kolar Solar, Onix Win NHPC’s 1200 MW Solar Plus 600 MW/1200 MWh ESS Auction

NHPC’s auction for 1,200 MW ISTS-connected solar projects with 600 MW/1,200 MWh ESS has discovered an L1 tariff of INR 3.09/kWh. Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power, ReNew Solar Power and Adani Green have emerged as winners.

Rays Power Infra | January 24, 2025 | By Mrinmoy Dey | 2094

Madhya Pradesh Allocates Land for Multiple Solar Manufacturing Projects

Madhya Pradesh government has allocated lands to Grew Energy, INA Solar, Premier Energies, Saatvik Solar, Rays Green Energy, Sunkind Photovoltaics, Shakti Energy Solutions and Alpex Solar to set up manufacturing units for solar PV modules, cells, ingots, wafers, aluminium frames etc. in the Mohasa-Babai industrial area.

Rays Power Infra | December 16, 2024 | By Mrinmoy Dey | 4043

Ray Green Energy to Establish Solar Cell and Module Manufacturing Plant in Madhya Pradesh

Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, is setting up a 1.5 GW solar cell and 3 GW solar module manufacturing facility in Madhya Pradesh, with an estimated investment of INR 1,400 crore.

Rays Power Infra | December 13, 2024 | By Mrinmoy Dey | 2775

SAEL, ReNew, Illuminate, Rays Power, Refex Win NTPC’s 1.2 GW ISTS Solar Auction

SAEL Industries, ReNew Solar, Illuminate Hygren, Rays Power Infra, and Refex Green secured contracts in NTPC's auction for 1.2 GW of ISTS-connected solar projects, further driving India’s renewable energy transition with competitive tariffs as low as INR 2.5/kWh.

Rays Power Infra | October 19, 2024 | By EI News Network | 2125

Rays Power Infra Secures NTPC’s Largest VRFB Tender for 600 KW Project

Rays Power’s success in this tender underscore its commitment to driving the energy transition. VRFB technology offers long-duration energy storage, crucial for grid stability and the large-scale integration of renewable energy.

Rays Power Infra | September 27, 2024 | By News Bureau | 1493

JMK Report Highlights Growth and Investment in India's RE Sector in 2024

JMK Research and Analytics has released its July 2024 monthly re-update report, revealing growth in India’s renewable energy (RE) sector. India issued 5,937 MW of new RE tenders, primarily for solar and hybrid projects.

Rays Power Infra | August 27, 2024 | By News Bureau | 2443

Rays Power Infra Announces Closure of INR 127 Crore Equity Capital Fund Raise

The company is also gearing up to file its IPO Draft Red Herring Prospectus (DRHP) in the last quarter of the year, setting the stage for further fundraising to support its ambitious growth plans.

Rays Power Infra | July 26, 2024 | By News Bureau | 1741

RAYS Power Infra Acquires New Projects Worth INR 833 Crores in April-June Quarter 2024

These significant projects, spread across two states, add over 680 megawatts (MW) to the company's expanding portfolio.

Rays Power Infra | July 15, 2024 | By News Bureau | 1859

Articles

ALMM Extension to Boost Growth of Indian Solar Industry but Slow Down Investments by Domestic Manufactures

The ministry had introduced the ALMM list to boost domestic manufacturing reducing the country’s dependence on imports. However, the domestic capacity was not being able to meet the demand for solar PV in India. In a bid to boost installed sola...

Rays Power Infra | April 26, 2023 | By News Bureau | 1564