Rays Power Infra launches solar park in MP

In a bid to revolutionize the solar power sector, Rays Power Infra, the largest private solar park owner in the country, has announced the launch of solar park in the state of Madhya Pradesh. The announcement was made at the recently held Solar Development Summit in Bhopal in which Ray Power Infra was a key sponsor.

The development of solar energy, which is a renewable and sustainable source of energy, will have long-term impact on the state's economy. Madhya Pradesh is blessed with plenty of sunshine and vast barren lands, and the establishment of a solar park will hugely benefit the state as businesses will be able to leverage world-class facilities with ready-to-move infrastructure.

The launch of the 50 MW solar park is significant as it will contribute towards the state's power generation capacity. More importantly, the initiative will set new benchmarks in generating power in a sustainable manner.

Rays Power Infra has already popularized the concept of solar parks in Rajasthan and Andhra Pradesh by offering the lowest cost of electricity. Solar parks have become tremendously successful benefitting large industrial houses and contributing substantially to the local economy.

Commenting on the launch, Mr. Ketan Mehta, Director, Rays Power Infra Pvt Ltd said, "Rays Power Infra has harnessed solar power and made it available to large number of industrial houses in Rajasthan and Andhra Pradesh by setting up solar parks. We want to replicate the model and bring our expertise in harnessing renewable energy for commercial purposes in a sustainable manner to the state of Madhya Pradesh.

The Madhya Pradesh government is bullish on renewable energy projects and we are excited to take up this opportunity. We are committed to the development of solar energy in the state."

Source : Equity Bulls

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