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4 year old popular start-up wins a handsome tender in the 300MW Madhya Pradesh Solar Power Bidding
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Wins the prestigious Madhya Pradesh Solar Power Tender Bid of 12MW, defeating the established players like Reliance, Azure Power, Waree Energies, among others
New Delhi, 23rd July, 2015: One of India’s leading innovative solar solutions company and the biggest emerging solar power EPC developer; Rays Power Experts has successfully bagged the tender for the construction and commissioning of a 12MW Solar Power Plant in the Madhya Pradesh Solar Power Bidding. A relatively young player in the Solar Power industry, Rays Experts won over bigger solar power companies such as Reliance, Azure Power, Waree Energies and Shaporji Pallonji Infra Ltd. etc. A few other smaller players which bagged the 300 MW bid are Design Co, Renew Solar, Made Easy Education etc.
The tender includes the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar Power project.
Speaking on the project, Mr. Rahul Gupta, Director, Rays Power Experts commented, “This marks as a momentous win for us, making us one of the very few young companies to win such a coveted tender bid in the state of Madhya Pradesh. We are geared to make use of innovative technology and skilled field manpower to execute the project on time and deliver the best to our customers. “
“Rays Experts is the only company to build one of the largest solar rooftop PV project in Delhi for DMRC and have also commissioned the Solar Roof Installations for New Delhi Municipal Corporation (NDMC).”, he added.
Rays Experts is a global solar power development and EPC Company with the highest number of solar EPC projects in India. The organization is completely debt free where all capital is raised from company’s internal accruals and it is fully equity based.
The solar industry slowly and steadily is having a strong foothold not only in urban areas but in smaller cities and towns. People now know the importance of the industry for generating cheap electricity through sunlight which can be used for starting a fan, a bulb or even charging a mobile phone.