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Rays Power completes 3 solar projects in K'taka

Business Finance

Press Trust of India  |  New Delhi 

Rays Power Infra today announced commissioning of 3 solar photovoltaic projects in Karnataka, under the state's open access scheme.

The setting up of projects in Jhamkhandi (40 MW), Bijapur (45 MW), and Kustagi (45 MW) took less than 100 days from land acquisition to commissioning, a company statement said.

The open access model enables access to power at considerably lower rates, offering better efficiencies and lower utility bills while reducing the carbon footprint of industries in the areas being serviced by projects built in the state.

These EPC (engineering, procurement and construction)projects will be cost-effective source of energy for businesses and MNCs in the region, enabling greater economic growth and prosperity, it said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, May 10 2018. 14:40 IST