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Rays Power Infra plans to enter electric vehicle space with B2B services

Rays has also set up rooftop solar projects of 20 Mw for commercial establishments

Solar Power
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Solar Power

Shreya Jai New Delhi
Delhi-based Rays Power Infra, which has set up solar power projects for companies, plans to enter electric vehicle (EV) space with B2B (business-to-business) services. The seven-year-old company is looking to provide services in battery and charging. 

Ray Power Infra, which has built more than 500 Mw of solar power projects for leading companies, plans to add another 200 Mw this year. Rays, last week, raised its first round of funding of Rs 2 billion. The mezzanine funding has come from DMI Finance. 

Speaking with Business Standard, Ketan Mehta, CEO and founder of Rays Power, said, “We are looking at providing EV services

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