Rays Power Infra signs 283-MW solar project deal with Serentica Renewables

Rays Power Infra, a solar power company, on Monday said it has signed an engineering, procurement, and construction term sheet for a 283-MW solar project with Serentica Renewables, an end-to-end energy solutions company focusing on industrial decarbonisation.

The company has a commissioned portfolio of 1.30 GW, according to the official press release.

“We are also targeting our first BESS project and the first floating solar project soon,” said Ketan Mehta, CEO and MD of Rays Power Infra.

According to Pawan Sharma, director of the company, as the company aims to become a global EPC player they are focusing on establishing more such power plants in Karnataka and other states.