Raminfo Secures INR 474 Cr Order from RRECL for 73 MW Rooftop Solar Projects in Rajasthan
Raminfo Ltd., through a consortium it leads, has secured an INR 474 crore order from Rajasthan Renewable Energy Corporation Ltd. (RRECL) for developing and maintaining 73 MW of rooftop solar projects on government buildings across Rajasthan under the Hybrid Annuity Model.
June 18, 2025. By Mrinmoy Dey
The scope of the order includes the design, supply, erection, testing, and commissioning, along with comprehensive operation and maintenance (O&M) for a period of 25 years, of rooftop solar (RTS) photovoltaic power projects to be installed on buildings owned by the state government and its undertakings across Rajasthan, under the Hybrid Annuity Mode (HAM) aggregating to a total capacity of 73 MW.
Raminfo, which operates in the electricity, gas, steam, and air-conditioning supply sectors, ventured into the energy industry by incorporating a subsidiary Raminfo Green Energy on May 5, 2025. It aims to create a sustainable world with solar energy.
L. Srinath Reddy, Managing Director of Raminfo Ltd. said, “Raminfo Ltd. will hold a 51 percent stake in this project through its SPV Raminfo Green Energy Pvt. Ltd., which will execute the project with a total capacity of 73 MW. We offer reliable, innovative and affordable solar energy solutions. Our expertise and our unmatched project execution capabilities help us deliver world-class solutions with the highest standards.”
He further added, “Solar is one of the fastest-growing renewable energy sources in the world and, with our integrated rooftop solar solutions, we aim to lead the charge of India's energy revolution to achieve rooftop solar targets on state government buildings at various locations in Rajasthan.”
The rooftop solar industry in India is experiencing rapid growth, with the total installed capacity reaching 13.7 GW by the end of December 2024. The market is projected to continue expanding, with some estimates suggesting a market value of USD 4.46 billion by 2033. This growth is fuelled by government initiatives, decreasing both set-up and overall storage costs, per unit cost savings and growing awareness of the benefits of rooftop solar.
“Central Government, State Governments and private sector investments in green energy are going to boost overall capacity addition in green energy which in turn is going to contribute to the rapid growth of the company,” it said.
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