Rays Experts, a turnkey contractor in the solar power sector, will execute 25-MW capacity solar power projects in the next two months, a company official said.
"We have already constructed 60 MW of solar power plants for 34 industrial investors and 25 MW projects are due for commissioning in the next two months for seven individual investors," Rahul Gupta, Director at Rays Experts, said.
He added that these projects for 34 investors are 1 MW, 2 MW, etc, capacity projects totalling 60 MW.
The company is constructing these plants in Tamil Nadu, Karnataka and Andhra Pradesh.
Gupta said that work on another 150 MW projects has also started and the company is expecting to do business worth Rs 500 crore during the current financial year.
"From March 2011 till now we have done business worth Rs 400 crore and we have also received repeat orders from a lot of our clients," he further added.
Rays Experts provides solutions and services for solar energy investments ranging from land and site identification, supply of solar panels and accessories, development of site infrastructure, installation and commissioning, power evacuation to operation and maintenance over the entire life of the project.
It also includes obtaining necessary approvals and expediting finance from banks, integrating value chain, from market mapping to design, manufacturing and supply chain, sales, commissioning to operations and maintenance and monitoring.
