India-based Sunsure Energy has secured a long-term debt financing of INR 416.35 Crore (~ $42 million) from Aseem Infrastructure Finance Limited to fund its 150 MW open-access solar park in Maharashtra. The entire project, implemented across nine Special Purpose Vehicles, is anticipated for completion by March 2025. Phase-I of the park is currently operational, supplying clean energy to a diverse range of clients across various sectors, including pharmaceuticals, manufacturing, and cement. Sunsure has established long-term PPAs with clients including Bharat Forge, Kirloskar Brothers, Lupin, Wonder Cement, and Sandoz. The solar park is projected to contribute to a significant reduction in carbon emissions, mitigating approximately 163,000 tons of CO2 annually.
Major funding backs 150 MW solar park by Sunsure
Sunsure Energy has secured INR 416.35 Cr for a 150 MW solar park in Maharashtra. Explore the details driving this project here.
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