Raminfo Shines Bright: Secures ₹474 Cr Rajasthan Solar Deal

Raminfo, a leading technology solutions provider, has secured a ₹474 crore order from the Rajasthan Renewable Energy Corporation Limited (RRECL) as part of a consortium led by the company. The contract entails the installation of 73 MW Rooftop Solar (RTS) Photovoltaic Power Projects across various state government buildings in Rajasthan, under the hybrid annuity mode (HAM).

The project will be implemented by Raminfo Green Energy, a special purpose vehicle (SPV) in which Raminfo holds a 51% stake. The scope of work includes design, supply, erection, testing, and commissioning of the rooftop solar systems, along with comprehensive operations and maintenance (O&M) for a period of 25 years.

This venture marks Raminfo’s strategic entry into the renewable energy sector, reflecting its commitment to sustainable development. With India’s rooftop solar capacity reaching 13.7 GW by December 2024 and the market projected to grow to USD 4.46 billion by 2033, Raminfo is well-positioned to tap into the expanding demand for green energy solutions.

News by Rahul Yelligetti.