Sunsure Energy secures Rs 4.16 billion for 150 MW solar park in Maharashtra
Sunsure Energy has achieved financial closure for its 150 MW open access solar park project in Solapur, Maharashtra.
The company secured long-term debt financing of Rs 4.16 billion (USD 48.07 million) from Aseem Infrastructure Finance Limited.
The first phase of the solar park has been commissioned, and the entire project is slated for completion by March 2025. Power generated will be supplied to industrial clients, including Sandoz, KSB, Olon, Bharat Forge Limited, Kirloskar Brothers Limited, Wonder Cement, Lupin Limited, and Emcure Pharmaceuticals Limited, through various power purchase agreements (PPAs).