Sunsure Energy has secured ₹606.22 crore in debt financing from Aseem Infrastructure Finance and RBL Bank to support the development and refinancing of its solar projects.
The funding includes ₹461.76 crore from Aseem Infrastructure Finance for projects in Maharashtra and Uttar Pradesh, along with ₹144.46 crore from RBL Bank to refinance its solar project in Augasi, Uttar Pradesh.
The capital will be used to expand Sunsure’s renewable energy portfolio across key industrial states, with a focus on supplying clean and cost-effective power to commercial and industrial consumers. The company plans to add over 242 MWp of solar capacity under long-term power purchase agreements (PPAs), helping businesses transition to sustainable energy solutions.
The financing also strengthens Sunsure’s ongoing partnership with RBL Bank and deepens its collaboration with Aseem Infrastructure Finance.
News by Rahul Yelligetti.