This project strengthens Rays Power Infra’s leadership in the energy sector. By integrating VRFB technology, the company is set to enhance India’s grid reliability, reduce fossil fuel dependence, and advance the nation’s climate objectives.
FinTech BizNews Service
Mumbai, September 26, 2024: Rays Power Infra has been awarded India’s largest vanadium redox flow battery (VRFB) tender by NTPC for its R&D division NTPC Energy Technology Research Alliance (NETRA), securing a 600KW / 3000KWh project. This landmark win marks Rays’ pivotal advancement in India’s renewable energy storage landscape, setting new standards for long-duration, cost-effective energy storage solutions.
Rays Power’s success in this tender underscore its commitment to driving the energy transition. VRFB technology offers long-duration energy storage, crucial for grid stability and the large-scale integration of renewable energy.
*Ketan Mehta, MD & CEO of Rays Power Infra* , “This achievement reinforces our technical prowess and vision for a sustainable energy future. As we expand our portfolio with cutting-edge energy storage projects, we are thrilled to contribute meaningfully to India’s ambitious renewable energy goals.”
Vaibhav Roongta, CBO of Rays Power Infra, “We are humbled to have won this vanadium-based flow battery project from NTPC, a critical step for Rays towards bolstering its position as a leading sustainability service provider in the country. This is the first project in India with VRFB technology for providing 5 hours of power storage system. We are committed to providing innovative and efficient solutions that support the energy transition, ensuring reliability and sustainability.”
This project strengthens Rays Power Infra’s leadership in the energy sector. By integrating VRFB technology, the company is set to enhance India’s grid reliability, reduce fossil fuel dependence, and advance the nation’s climate objectives.
