Sunsure Energy Limited has secured Rs 1.29 billion in long-term debt financing from Tata Capital and Aditya Birla Finance (ABFL) to fund the construction of its 49 MW open-access solar plant in Augasi, Uttar Pradesh.
The financing will support Sunsure Energy’s 145 MWp portfolio of commissioned solar open-access projects in the state. The company is also actively developing solar plants totaling 270 MWp across Uttar Pradesh. This marks Sunsure Energy’s maiden debt financing with ABFL and the second partnership with Tata Capital. The total project finance amount will be equally shared by both financers.
