The company has identified over 50 highly-rated private commercial and industrial consumers to whom the energy will be offered, providing them access to power at reduced costs sourced from solar parks being developed by Rays Power Infra, it said.
The open access model is perfect for regions like Karnataka, where the grid is robust, the demand for power is high, and there is going to be substantial demand for energy that will continue to increase, Rays Power Infra Pvt.Ltd CEO Ketan Mehta said.
Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka, the company said in a release.
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