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News Brief | April 2016

RPI partners HE for 150-MW solar project

Rays Power Infra (RPI) has partnered with Hilliard Energy (HE) to jointly develop 150-MW solar power project, entailing an investment of $130 million (about `870 crore).
The first phase entails the setting up of a 10-MW solar project, expected to be commissioned in April at Kalwajurthy, Telangana. The power generated will be sold to discoms at a tariff of Rs.6.55 per unit for 25 years. Both the partners are hoping to achieve a target of 150 MW within 12 months.
Contact: Rays Power Infra
Tel: +91-40-40000334
Website: http://www.rayspowerinfra.com/
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