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Rays Power Infra has secured an INR 1,912 crore order from a public sector entity to develop a 300 megawatt renewable energy project in Karnataka, further strengthening its position in India's fast-growing clean energy sector. The project will be developed within an upcoming renewable energy park and is scheduled for commissioning over the next three years. With this addition, the company's total order book has crossed INR 8,000 crore, reflecting strong momentum in utility-scale renewable energy development.
Rays Power Infra on Tuesday announced that it has secured a major order worth INR 1,912 crore from a public sector entity for the development of a 300 megawatt renewable energy project in Karnataka. The project will be set up in an upcoming renewable energy park in the state and is expected to be commissioned within the next three years, the company said in a statement. Advertisement
The order marks a significant milestone for Rays Power Infra and reinforces its position as one of the key players in India's renewable energy infrastructure space. With the addition of this project, the company's order book has crossed INR 8,000 crore, reflecting a strong pipeline of ongoing and upcoming projects across the renewable energy value chain. The scale of the order also underscores growing confidence among public sector entities in private developers with proven capabilities in executing large, complex clean energy projects.
The proposed 300 MW project is expected to play an important role in strengthening Karnataka's renewable energy capacity, a state that has emerged as one of India's leading hubs for clean power generation. Karnataka already accounts for a significant share of the country's installed renewable energy capacity, supported by favourable policy frameworks, land availability, and robust transmission infrastructure. The upcoming renewable energy park, where the project will be located, is designed to facilitate faster project execution by offering developers access to ready infrastructure, streamlined approvals, and grid connectivity.
For Rays Power Infra, the project adds further depth to its renewable energy portfolio, which spans solar and other clean energy solutions. The company has steadily expanded its presence in utility-scale renewable projects, benefiting from India's aggressive renewable energy targets and increasing investments from both public and private stakeholders. India has set ambitious goals to rapidly scale up its renewable energy capacity as part of its broader climate commitments and long-term energy security strategy.
The commissioning timeline of three years indicates a phased execution approach, involving land development, engineering, procurement, construction, and grid integration. Such large-scale projects require strong project management capabilities, financial strength, and coordination with multiple stakeholders, including state authorities, transmission utilities, and equipment suppliers. The successful execution of this project will further enhance Rays Power Infra's track record and positioning for future bids.
The order also highlights the accelerating pace of renewable energy investments in India, driven by policy support, falling technology costs, and rising demand for clean power from industries and utilities. Public sector participation remains a critical driver of this growth, particularly for large projects that contribute meaningfully to grid-scale capacity addition.
As India continues to transition towards a cleaner energy mix, developers with strong execution capabilities and growing order books are expected to play a central role. For Rays Power Infra, the INR 1,912 crore project not only adds scale to its operations but also reinforces its long-term growth prospects in a sector that is becoming increasingly strategic for the country's economic and environmental objectives.
Source - PTI
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