"Rays Power has completed a turnkey order of 20 MW solar EPC project, commissioned under the REC mechanism in solar park of seven companies at Bikaner in Rajasthan," a company release said.
The company had invested Rs 125 crore for setting up the project.
"Rajasthan is a strategic market for us and it is interesting to note that though REC is not picking up fast as of now, investor confidence is continuously growing. We are committed to aggressively expand our business portfolio and we are venturing into new verticals like independent solar power parks, solar roof-top models and other such offerings," company's Director Rahul Gupta said.