Rays Power Infra launches 100 MW Solar project in Uttarakhand
Rays Power Infra Pvt Ltd has announced the launch of its 100 MW Solar Power Project in Uttarakhand. The Project’s execution began in August, 2016, and is expected to be commissioned by February, 2017. It will be executed by Rays Power Infra on turnkey basis – from land acquisition to commissioning.
Commenting on the milestone, Pawan Sharma, Director-Projects, Rays Power Infra said, “After successfully commissioning a 55 MW Solar Power PV project in UP, this 100 MW project in Uttarakhand will be our biggest project, adding another remarkable milestone to Rays’ list of executed projects.”
Moreover, instead of forcing farmers to sell their land, Rays Power Infra has devised a unique model where farmers can also become a part of the project, and as a result, will enable the solar company to acquire 500 acres of land in such a difficult terrain.
“Rays Power Infra is following a co-development model, ie, we have got the necessary permission from all local authorities, and are also working with foreign investors. Since this is a mega-sized project and will require lot of land area, farmers will be getting a recurring rental income for more than 25 years by leasing their lands,” he added.
The 100 MW project is spread over a sprawling land area in Tehsil – Bhagwanpur in the Roorkee District of Uttarakhand. It comes under Uttarakhand Renewable Energy Development Agency’s (UREDA) competitive bidding for 2015-16.
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