Rays Green Energy Manufacturing, a wholly owned subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh.
The facility will feature a 1.5 GW solar cell plant and a 3 GW solar module assembly line. The total planned investment for the facility is Rs 14 billion, and it will employ advanced TOPCon technology. The Madhya Pradesh government has issued a letter of intent for the allotment of 38 acres of land in the Mohasa Babai Industrial Area, Narmadapuram district, designated as a manufacturing zone for power and renewable energy equipment.