Sunsure Energy Plans Rs 50 Bn Funding for Renewable Expansion
POWER & RENEWABLE ENERGY

Sunsure Energy Plans Rs 50 Bn Funding for Renewable Expansion

Sunsure Energy, backed by Swiss private equity firm Partners Group, is set to raise Rs 50 billion in debt this year to fuel its ambitious renewable energy expansion plans. The company has earmarked a total investment of Rs 90-100 billion, to be secured through a combination of debt and equity.

With Rs 10 billionalready secured, Sunsure aims to raise Rs 100 billion in debt over the next two years, half of which will be mobilised in 2025. The company is actively engaging with both Indian and foreign banks, as well as non-banking financial companies (NBFCs), to secure additional funding.

Notably, Sunsure has already raised capital from key financiers, including Aditya Birla Group and Tata Cleantech Capital.

Growth Plans and Renewable Energy Targets Sunsure Energy aims to develop 3 GW of capacity by 2027, with 40% dedicated to utility-scale projects. The company is targeting an expansion to 10 GW by 2030, positioning itself as a major player in India's clean energy transition. By leveraging strategic funding and strong partnerships, Sunsure Energy is reinforcing its long-term commitment to sustainability and renewable energy leadership in India.

Sunsure Energy, backed by Swiss private equity firm Partners Group, is set to raise Rs 50 billion in debt this year to fuel its ambitious renewable energy expansion plans. The company has earmarked a total investment of Rs 90-100 billion, to be secured through a combination of debt and equity. With Rs 10 billionalready secured, Sunsure aims to raise Rs 100 billion in debt over the next two years, half of which will be mobilised in 2025. The company is actively engaging with both Indian and foreign banks, as well as non-banking financial companies (NBFCs), to secure additional funding. Notably, Sunsure has already raised capital from key financiers, including Aditya Birla Group and Tata Cleantech Capital. Growth Plans and Renewable Energy Targets Sunsure Energy aims to develop 3 GW of capacity by 2027, with 40% dedicated to utility-scale projects. The company is targeting an expansion to 10 GW by 2030, positioning itself as a major player in India's clean energy transition. By leveraging strategic funding and strong partnerships, Sunsure Energy is reinforcing its long-term commitment to sustainability and renewable energy leadership in India.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement