Rays Power Infra, Serentica Renewables to set up 283 MW solar project

Rays Power Infra announced that a 283 megawatt solar project has been agreed upon with Serentica Renewables. According to a statement from Rays Power Infra, the engineering, procurement, and construction (EPC) project would make use of single-axis trackers and bifacial modules.

"Rays Power Infra and Serentica Renewables have agreed to an EPC term sheet. The designing, procurement, and construction of a 283 MW DC solar PV project utilising single-axis trackers and bifacial modules would be handled by Rays Power Infra, the statement added.

The project will open up a number of employment prospects and company expansion chances for the subcontractors. According to Rays Power Infra Director Pawan Sharma, the company is concentrating on building more of these power plants in Karnataka and other states.

Regarding the project's location or its financial statistics, the corporation did not offer any other specifics. An installed solar power portfolio of 1.30 gigawatts peak is owned by Rays Power Infra.