Gurugram-based renewable energy solutions provider Sunsure Energy has raised ₹6.06 billion (~$65.64 million) in debt financing from Aseem Infrastructure Finance and RBL Bank to develop solar energy projects across Maharashtra and Uttar Pradesh.

The financing package includes ₹4.62 billion (~$50.02 million) from Aseem Infrastructure Finance for solar projects in Maharashtra and Uttar Pradesh, along with ₹1.44 billion (~$15.59 million) in refinancing from RBL Bank for Sunsure’s solar project in Augasi, Uttar Pradesh.

The joint funding would support the supply of over 242 MW of solar power to commercial and industrial (C&I) consumers.

Shashank Sharma, Founder, Chairman, and CEO at Sunsure Energy, said that as the company expands across major industrial regions, including Maharashtra, Tamil Nadu, Rajasthan, Karnataka, and Uttar Pradesh, continued access to long-term institutional capital remains critical to building high-quality renewable assets.

Sunsure has operationalized 700 MW of renewable energy projects, and 7.1 GW is under various stages of development across Maharashtra, Uttar Pradesh, Tamil Nadu, Rajasthan, and Karnataka. It has set a target of installing 10 GW of renewable energy projects by 2030.

Last year, it secured ₹1.3 billion (~$14.8 million) from NIIF Infrastructure Finance to refinance its three operational captive solar projects for the C&I segment in Uttar Pradesh.

Earlier this month, Sunsure Energy signed power purchase agreements with Daeseung Autoparts India and Ilgahng Automotive to supply a cumulative of 12.7 million units of power annually from its 75 MW solar project in Tamil Nadu.

UltraTech Cement signed agreements with Sunsure Solarpark Thirty Eight to source power from its 14 MW solar project in Dhule, Maharashtra, during the month.

In January 2026, Delhi-based hospital chain Max Healthcare signed a long-term power purchase agreement with Sunsure to procure 4 MW of power from the latter’s 15 MW solar project in Chitrakoot, Uttar Pradesh.