Rays Experts Commissioning the World's Largest Solar Park in Rajasthan
Rays Experts will open the world's largest solar park in Rajasthan, with a capacity of 3000 NIWp. Bikaner will be home to a 9000-acre solar park. Rajasthan.
May 17, 2022. By News Bureau
It has signed all of the relevant transmission agreements and received the necessary permissions. According to a company statement.
It asserted that this is the country's first and only privately owned ultra mega solar park connected to the central transmission grid.
All of the previous major solar parks were partly or entirely controlled by the government. The firm claims to be India's largest solar park developer. This solar park will offer ready-to-build infrastructure for different solar developers, saving them money and time because land, transmission lines, and other equipment are already in place.
The biggest open risk for solar producers right now is network transmission capacity availability, which this solar park addresses to a large extent.
Rays Experts has a 100 percent market share in private solar park projects in Rajasthan and Haryana, with a 95 percent customer retention rate, thanks to its market presence.
Rahul Gupta MD & CEO, said, "It is remarkable to see how the Indian renewable energy industry has advanced in the last few years. To achieve the 300 GW target by 2030, we are doing our bit."
Only projects with low return expectations can survive at the current tariff levels, he believes, and cutting project risk can only assist to lower return expectations.
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