look news india
New Delhi, September 26 (HS). Rays Power Infra has received India's largest Vanadium Redox Flow Battery tender from NTPC Limited. The company has received this tender from NTPC for its R&D division NTPC Energy Technology Research Alliance (NETRA).
In a statement issued on Thursday, the company said that it has won India's largest Vanadium Redox Flow Battery (VRFB) tender, securing a project of 600 kWh or 3000 kWh. The company said that this historic win represents Rays' significant progress in India's renewable energy storage landscape, setting new standards for long-duration cost-effective energy storage solutions.
Ketan Mehta, Managing Director (MD) and Chief Executive Officer (CEO), Rays Power Infra, said, “This achievement reinforces our technical capability and our vision for a sustainable energy future. As we expand our portfolio with cutting-edge energy storage projects, we are thrilled to make a meaningful contribution to India's ambitious renewable energy goals.”
At the same time, Vaibhav Rungta, CBO of the company, said, “We are very happy to get the vanadium based flow battery project from NTPC. This is an important step for Rays towards strengthening its position as a leading sustainability service provider in the country. He said that this is the first project with VRFB technology to provide a 5-hour power storage system in India. We are committed to providing innovative and efficient solutions that ensure reliability and sustainability while supporting the energy transition.”
It is worth mentioning that Rays Power Infra Limited is a leading renewable energy solutions provider company, which has operated more than 1.6GWp of renewable energy assets in India and Southeast Asia. Rays Power is currently working on other projects of 1GWp in India. Along with this, the company is developing more than 2.5GW of renewable energy parks. At the same time, NTPC Limited is the country's largest power utility, with an installed capacity of more than 76 GW including coal, gas, hydro, wind and solar projects.