Sunsure Energy bags $26.91m loan for Uttar Pradesh solar projects

These have a total capacity of 75 megawatt-peak.

Independent power producer Sunsure Energy has secured a $26.91m (INR 226 crore) long-term debt financing from Tata Capital Ltd. that will support the former’s portfolio of open-access solar projects in Uttar Pradesh, totalling 75 megawatt-peak in operational capacity.

Sunsure Energy said in a statement that the loan is structured across five solar projects and covers commissioned solar projects located across the Indian state. These projects are already delivering clean energy to several industrial consumers in the state, eliminating around 80,000 tonnes of carbon dioxide annually.

Shashank Sharma, founder, chairman and CEO, Sunsure Energy said the financing will allow the company to further scale up its portfolio and help meet green energy demand in Uttar Pradesh.

“This partnership aligns with our goal of supporting impactful projects as we remain dedicated to foster a greener and more sustainable future,” said Manish Chourasia, COO- Corporate and Cleantech at Tata Capital.

$1 = INR83.97

Follow the link for more news on

India renewables capacity

Also Read

Alternergy takes over Tablas Offshore Wind Power Projects

ACEN’s net income grows 24% to $138m in 9M 2024

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit