Sunsure to Supply 500 MWh Clean Peak Power to UPPCL

29 Aug 2025 CW Team

Sunsure Energy has signed a Battery Energy Discharge Purchase Agreement (BEDPA) with NTPC Vidyut Vyapar Nigam Ltd (NVVN) for the supply of 500 MWh peak-time clean power to Uttar Pradesh Power Corporation Ltd (UPPCL), marking a milestone in India’s evolving energy storage landscape.

The agreement covers a capacity of 125 MW/500 MWh and is structured as a 15-year build–own–operate deal, with Sunsure Energy establishing a standalone Battery Energy Storage System (BESS) at the 400/220 kV Garautha substation in Jhansi, Uttar Pradesh.

As part of the arrangement, Sunsure will deliver four hours of dispatchable electricity daily between 6 pm and 10 am. This will provide UPPCL the flexibility to meet peak-hour electricity demand using clean energy, ensuring reliability at competitive, long-term tariffs.

What sets this agreement apart is its innovative billing model: instead of fixed monthly charges, it is based on a fixed tariff per kilowatt-hour (Rs/kWh) of discharged energy, making it the first-of-its-kind BESS contract of this nature in the country.

“This is a significant leap for us,” said Shashank Sharma, Founder, Chairman and CEO of Sunsure Energy. “We’ve expanded beyond pure-solar to hybrid systems with BESS, empowering commercial and industrial consumers to use renewable power even during peak times, thus reducing their dependence on fossil fuels. For utilities, our journey—from SECI’s solar auctions to SJVN’s hybrid tenders and now NVVN’s pioneering BESS deal—highlights our growth and vision.”

This agreement represents Sunsure’s debut long-term supply contract involving battery storage and highlights the broader momentum towards flexible, clean energy solutions in India’s power sector.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..