Rays Power Experts Pvt Ltd on Monday said that it has signed five new projects for 15 MW of solar power capacity for commissioning before March 2014.
“The total probable investment to complete this project shall be around $27 million,” the company said in a statement.
Rays is a solar power plant development company. The company targets to complete 150 MW of solar capacity by the end of 2013-14. Till now, Rays has executed 110 MW of solar power projects.