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Vikram Solar,a globally recognized leading solar energy solutions provider today announced a Memorandum of Understanding with the Indian Institute of Engineering Science and Technology (IIEST), an Institute of National Importance listed by the Government of India. IIEST is recognized as one of the Centres of Excellence in Solar Energy by the Ministry of New and Renewable Energy (MNRE), Govt. of India. The announcement was made at the Rashtrapati Bhavan in the presence of Hon’ble President of India, Shri Pranab Mukherjeeat a Session on Industry-Academia Collaborations with CII.
As per the agreement, both the organizations will collaborate for the purpose of research and development for enrichment of knowledge in the area of solar photovoltaic, beneficial to both the academia and industry. The two entities will also collaborate and identify key R&D areas (knowledge generation, know-how update, technology exploitation, system development, novel or new technology resources, applied research etc.) to address the immediate requirements of the country, arrange seminars and training programs on solar photovoltaic with active participation of faculties and students of IIEST and scientists of VSPL.
Speaking on the occasion, Mr Gyanesh Chaudhary, MD and CEO, Vikram Solar, commented, “We are glad to announce this partnership. It is a proud moment for us to collaborate with the esteemed Institute for research and development purpose and in order to address the immediate requirements that the country faces in terms of developing advanced technological solar solutions.”
Reiterating the significance of the partnership, Prof. Ajoy Ray, Director IIEST, commented, “Vikram Solar is among the leading PV companies in India. The company has already carved its positioning around the world and now it’s looking to further expand presence in the subcontinent though innovative products, projects and services. A grounded, well-knit, efficient and progressive Research & Development ecosystem is the building block of every kind of innovation and it also has the power to do away with an avalanche of issues that the country faces today. This is precisely why we view this partnership as an exceptionally beneficial one. We look forward to more such associations in the near future.”
Talking about the company’s expansion plans, Mr Ivan Saha, President and Chief Technical Officer, Vikram Solar said “We have structured plans to expand our manufacturing capability and emerge as the largest and the most integrated player in the PV industry in India. Vikram Solar aims to reach a manufacturing capacity of 2 GW by FY 2020.”
Maintaining its streak of successful projects, Rays Power Infra, one of India’s leading Solar Energy companies, announces the commissioning of its latest Solar PV project in the state of Telangana. The 5.75 MW project was undertaken for the company’s most prestigious client – Earth Solar.
The Project execution commenced within 7months of its inception. It was executed by Rays Power Infra on turnkey basis, right from land acquisition till commissioning. Additionally, the extensive project was completed at a remote location with very tough site conditions.
Commenting on the milestone, Sanjay Garudapally, Director – Business Development, Rays Power Infra,said, “This project is very special for us as it was the first secondary acquisition for our group. I want to congratulate my highly skilled team of professionals, who played a vital role at every stage of this project’s execution and commissioning within the set timeline.”
The 5.75 MW project is spread across 27 acres of land in the Medak District of Telangana, and has been commissioned under Government of Telangana’s competitive bidding – 2012 process and open offer route 2013.
With this project, the total portfolio of commissioned projects under Rays Power Infra goes up to 320 MW in India, and76 MW in the state of Telangana.
Power generated by the solar plant is utilized to electrify nearby villages by routing it to GSS.
Established in the year 2011, Rays Power Infra Pvt Ltd is an ISO 9001 & ISO 14001 certified leading integrated solar power company with presence across the entire solar value chain. A pioneer in development of green technology solutions that are environmental friendly, energy efficient & cost effective, the company is capable of delivering quick returns on investments, which has helped them gain the reputation of being a pioneer in the field of solar power generation. A brainchild of IIT Roorkee professors and students, Rays Power Infra is among the biggest solar power service providers in India (On the basis of number of projects completed). Started as a PMC then to EPC projects and there after turnkey solutions, Rays Power Infra became the 3rd largest EPC company in Indian continent in less than a half decade.