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Rays Power Infra to Invest Rs1,200 Cr in Madhya Pradesh for Solar Cell & Module Manufacturing

Rays Power Infra has announced plans to invest Rs1,000 crore to Rs1,200 crore in Madhya Pradesh to establish a solar cell and module manufacturing facility. This move aligns with India's efforts to boost domestic solar manufacturing, reduce import dependency, and accelerate the transition to renewable energy.

The investment will contribute to job creation, technology advancement, and local supply chain development, supporting Madhya Pradesh’s role as a key hub in India’s solar ecosystem.