Latest News | Rays Power Infra Bags Rs 650 Cr-water Project in UP

New Delhi, May 19 (PTI) Rays Power Infra on Friday said it has bagged a water project worth Rs 650 crore in Uttar Pradesh, which aims to provide clean drinking water to over one crore households by March 2024.

The latest catch marks the company's forays into the water engineering, procurement and construction (EPC) business, Rays Power Infra said in a statement.

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"Rays Power Infra has announced its foray into the water engineering, procurement, and construction (EPC) business. It has won the prestigious Har Ghar Jal Yojana project in Uttar Pradesh worth Rs 650 crore," the company said, adding its order book now stands at around Rs 1,800 crore.

The company has also initiated the development and execution of solar parks and solar plants aggregating to 2 GW in the next 24 months.

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Ketan Mehta, MD and CEO, Rays Power Infra said, "We are proud to announce our entry into the water EPC business, which is in line with our goal of promoting sustainable growth and development. We see a synergy between our solar power and water businesses and we aim to grow both verticals with equal focus and capital allocation".

Rays Power Infra is one of India's leading solar energy players with a commissioned portfolio of 1.30 GW.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)