Sunsure Energy has inked a 15-year battery energy discharge purchase agreement with NTPC Vidyut Vyapar Nigam Limited (NVVN), securing a capacity of 125 MW/500 MWh. As part of the agreement, Sunsure Energy will establish a standalone battery energy storage system at the Garautha substation in Jhansi, Uttar Pradesh, under a build, own, operate basis.
Furthermore, under the agreement, Sunsure Energy will supply power to NVVN, and Uttar Pradesh Power Corporation Limited (UPPCL) will be the end procurer. The company will supply four hours of on-demand power between 6 PM and 10 AM, enabling UPPCL to access green energy during peak demand periods at competitive, long-term tariffs.
Earlier in January 2025, Sunsure Energy obtained Rs 4.16 billion in long-term debt financing from Aseem Infrastructure Finance to develop a 150 MW open access solar park in Solapur, Maharashtra.
