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