Deals Counterparts

Rays Power Infra secures 200 MW RTC renewable energy project contract from REMCL

Supply Agreement Hybrid announced India May 4, 2026
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200 MW
Capacity

Rays Power Infra, through its subsidiary Bhalki Solar Power, has secured a contract from Railways Energy Management Co. Ltd (REMCL) to develop a 200 MW Round-the-Clock (RTC) renewable energy project. The project will integrate over 700 MW of solar and wind capacity, supported by more than 1,000 MWh of battery energy storage system (BESS), to ensure uninterrupted power delivery. This contract adds INR 5,000 crore to Rays Power's order book and is scheduled for commissioning by June 2028.

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Counterparts (3)

Offtaker
R
Railways Energy Management Co. Ltd (REMCL)
company · 1 deals
New Delhi-based energy management company for Indian Railways, specializing in renewable energy procurement, power planning, and regulatory services with 12 years of operations and 55 employees.
Developer
Rays Power Infra
company · 1 deals
Mumbai-based solar EPC and renewable energy developer specializing in utility-scale solar projects with 1.7 GW portfolio across India, Bangladesh, and Vietnam.
subsidiary
B
Bhalki Solar Power
company · 1 deals

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Timeline

Announced
May 4, 2026
Signed
Closed

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