Sunsure Energy Limited has received Rs 4.16 billion in long-term debt funding from Aseem Infrastructure Finance Limited to develop its 150 MWp open-access solar park in Solapur, Maharashtra.
The first phase of the project is already operational, and the full plant is expected to be completed by March 2025. Sunsure is building the solar park through multiple special purpose vehicles and has signed long-term power purchase agreements with major industrial clients in Maharashtra, including Sandoz, KSB, Bharat Forge, Kirloskar Brothers, Wonder Cement, Lupin, and Emcure.