Sunsure Energy has secured debt financing of Rs 6.06 billion across multiple renewable energy projects from Aseem Infrastructure Finance Limited and RBL Bank.
The package includes Rs 4.62 billion from Aseem Infrastructure Finance for solar projects in Maharashtra and Uttar Pradesh, and Rs 1.44 billion in refinancing from RBL Bank for the company’s solar project in Augasi, Uttar Pradesh. The financing will support over 242 MWp of solar capacity to supply renewable power to commercial and industrial consumers under long-term power purchase agreements.