NEW DELHI : Solar power developer Rays Power Infra will invest ₹1,700 crore to set up 450 MW of green energy projects in four major states of the country, a top company official has said. The company will be selling the energy generated to private and industrial consumers in the states of Uttar Pradesh, Haryana, Karnataka and Andhra Pradesh, Rays Power Infra Managing Director Ketan Mehta said. "We will be investing an amount of ₹1,700 crore to develop and construct 450 MW solar projects under open access regulations... Rays Power Infra is among the largest solar developer and EPC management company with over 1,000 MW of solar power project development and construction across India. The company recently commissioned a 50 MW solar power project in Vietnam.

Source: Mint October 20, 2019 10:52 UTC