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Reading: Raminfo luggage ₹474 crore order for putting in Rooftop Photo voltaic Initiatives
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StockWaves > Business > Raminfo luggage ₹474 crore order for putting in Rooftop Photo voltaic Initiatives
Business

Raminfo luggage ₹474 crore order for putting in Rooftop Photo voltaic Initiatives

StockWaves By StockWaves Last updated: June 18, 2025 5 Min Read
Raminfo luggage ₹474 crore order for putting in Rooftop Photo voltaic Initiatives
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Hyderabad, June 17, 2025: Raminfo Restricted, a tech options supplier, has bagged an order price ₹474 crore from Rajasthan Renewable Vitality Company Restricted (RRECL) by way of a consortium led by the Firm. Raminfo has ventured into sensible vitality options to construct a future with inexperienced and sustainable vitality.

The scope of the order consists of the Design, Provide, Erection, Testing, and Commissioning, together with Complete Operation & Upkeep (O&M) for a interval of 25 years, of Rooftop Photo voltaic (RTS) Photovoltaic Energy Initiatives to be put in on buildings owned by the State Authorities and its undertakings throughout Rajasthan, below the Hybrid Annuity Mode (HAM) aggregating to a complete capability of 73 MW.

L. Srinath Reddy, Managing Director of Raminfo Restricted mentioned, “Raminfo Restricted will maintain a 51% stake on this mission by way of its SPV Raminfo Inexperienced Vitality Non-public Restricted, which is able to execute the mission with a complete capability of 73 MW.

We provide dependable, progressive and inexpensive photo voltaic vitality options. Our experience and our unmatched mission execution capabilities helps us ship phrase class options with highest requirements.

Photo voltaic is among the fastest-growing renewable vitality sources on the earth and, with our built-in rooftop photo voltaic options, we intention to guide the cost of India’s vitality revolution to attain rooftop photo voltaic targets on state authorities buildings at numerous areas in Rajasthan.”

Raminfo has ventured into vitality business by incorporating Raminfo Inexperienced Vitality Non-public Restricted, a subsidiary on Could 5, 2025, which operates within the electrical energy, gasoline, steam, and air-conditioning provide sector. It goals to create a sustainable world with photo voltaic vitality.

The rooftop photo voltaic business in India is experiencing fast development, with the overall put in capability reaching 13.7 GW by the top of December 2024. The market is projected to proceed increasing, with some estimates suggesting a market worth of USD 4.46 billion by 2033.

This development is fuelled by authorities initiatives, lowering each arrange and total storage prices, per unit value financial savings and rising consciousness of the advantages of rooftop photo voltaic. 

Particularly each Central Authorities, State Governments and personal sectors investments in inexperienced vitality goes to spice up total capability addition in inexperienced vitality which in flip goes to contribute for the fast development of the corporate.

About Raminfo Restricted

Raminfo Restricted (BSE: 530951) is a legacy participant with 30 years of expertise in e-governance and different tech options. Raminfo serves numerous sectors throughout India, together with authorities, fintech, healthcare, sensible vitality, IoT, analytics, and engineering. 

Within the authorities area, Raminfo shines with its e-governance, sensible lighting, telemedicine, and agro-logistics initiatives, alongside ability growth and teaching programs.

Embracing its 2.0 evolution, Raminfo harnesses the ability of AI and Machine Studying to enterprise into new frontiers, crafting complete, multi-vertical ecosystems.

Disclaimer:- This story has not been edited by SugerMint workers and offered by the company. SugerMint is not going to be accountable in any means for the content material of this story.



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