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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code