Sunsure Energy has secured a long-term loan of Rs 2.26 billion from Tata Capital. The funding has been raised to strengthen their 75 MW solar projects and will be divided among their five special purpose vehicle solar projects set up in Uttar Pradesh. Currently, these projects supply electricity to industrial consumers in the state itself and are estimated to offset 80,000 tonnes of carbon annually.
In July 2024, Sunsure Energy had begun power supply to APL Apollo in Uttar Pradesh. Annually, it would supply 10.5 million units of renewable energy to Apollo Pipes Limited and Apollo Metalex. Furthermore, in January 2024, Sunsure Energy and Tamil Nadu government had signed MoUs worth Rs 31.5 billion for setting up four clean energy generation projects aggregating 500 MW.
