Rays Power Experts, solar energy provider and park developer has commissioned solar projects of around 700 MW capacity across the country.
These projects include a 440 MW solar plant inside the park, 210 MW solar plant outside the park, 49 MW rooftop installations for commercial/ industrial sites, and four MW units across 8,400 homes.
These projects include ground-mounted solar panels for 230 clients - including Delhi Metro, New Delhi Municipal Council (NDMC), airports, IITs and NITs, defense establishments, industries, and major hotel chains, among others.
The company looks forward to cross Rs 1,000 crore annual revenue within the next four years.
The company aims at venturing deeper into the commercial space and achieves a YoY growth of 20 percent by completing three more solar parks in FY22.
It also plans to invest Rs 30 crore in solar parks across three states. It is currently working to raise Rs 100 crore to cater to both institutional projects and residential solar programmes.
The company has already aligned projects totalling 210 MW and is projected to reach a 1,000 MW milestone by end of FY21.
