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Rays Power Experts bags turnkey order of 45 MW solar project

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Press Trust of India New Delhi
Rays Power Experts has acquired a turnkey order of a 45 MW Solar EPC project.

"It includes the complete designing of the project, its technical and engineering ground work, installation process and commissioning of the project," the company said in a statement but did not disclose the amount of the order.

The company, at present, has a total order book of 110 MW Solar EPC projects.

"We are geared to make use of innovative technology and skilled field manpower to execute the project on time and deliver the best to our customers," said Rahul Gupta, Director, Rays Power Experts.

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Mahindra and Mahindra launches tractor

* Mahindra and Mahindra Ltd's Farm Equipment Sector (FES) today launched a tractor in the sub-60 horse power (HP) segment, Arjun Novo, which will replace its existing model, Arjun 605 Di.

The Arjun Novo will be available in two variants, 57 HP and 52 HP and is available in both open station and air-conditioned cabin options, the company said.

The 57 HP variant will be available at Rs 7.35 lakh (ex-showroom Pune).

Arjun Novo, which had been developed at an investment of Rs 300 crore, is a "category defining launch," Pawan Goenka, Executive Director, Mahindra and Mahindra Ltd, said at the launch event near here.

The product was developed at the Mahindra Research Valley here, he said, adding that the company looks forward to export its latest offering but is yet to decide on markets.

"We do intend to go outside India. The process for this will start in another six months and which markets (we will export to) will be decided in due course of time," he added.

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First Published: Aug 20 2014 | 3:51 PM IST

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