RaysExperts commissions 5.5 MW solar project for a leading PSU
New Delhi [India], June 20 (ANI): Leading innovative solar solutions provider RaysExperts on Tuesday announced the commissioning of its 5.5 MW solar project for an Indian PSU.
One of the largest solar power EPC and development company has projected to generate electricity worth over Rs. 25 crore which will be sold to third parties via a solar PPA agreement.
One of the most prominent hydro power companies in India, this PSU is producing enough hydroelectric power for a 1,500 megawatts (2,000,000 hp) underground power station.
With RaysExperts, the company is venturing into solar energy with its first ever solar plant, which will be situated in Charanka Solar Park, Gujarat.
"We are looking forward to our association as this PSU forays into solar power with our 5.5 MW solar project. As a sustainable source of power, the plant will help the client reduce the carbon footprint in already polluted industrial regions of Gujarat by eliminating over 6700 metric tonnes Co2 every year," said founder RaysExperts, Rahul Gupta.
The 5.5 MW solar plant will give several tax benefits, and will also add up to its revenue with the sale of electricity via PPA agreements.
However, RaysExperts has also commissioned a 5.5 MW solar installation for Delhi Metro Rail Corporation. (ANI)