Rays Power Infra Sells Solar Projects Worth ₹7 Billion to Global Investors

The sale proceeds will be used to develop large-scale C&I projects and mega solar parks

May 13, 2022

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Solar developer and engineering, procurement, and construction (EPC) company Rays Power Infra has sold its solar projects in Tamil Nadu, Karnataka, and Telangana to two global investors with a significant presence in India for an aggregate enterprise value of over ₹7 billion (~$90.55 million).

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Arjun Joshi

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Rays Power Infra Sells Solar Projects Worth ₹7 Billion to Global Investors

Continue Reading with Premium Access

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