Sunsure Energy

What Sunsure Energy does

Sunsure Energy Private Limited, founded in 2014 and headquartered in Gurugram, Haryana, is an Independent Power Producer (IPP) that designs, develops, finances, owns, and operates round-the-clock renewable energy (RE-RTC) assets for commercial and industrial (C&I) customers across India. Its core offering is a platform-plus-modules architecture built on two product lines: RE-RTC Solutions (RTC Power, Battery Energy Storage Systems/BESS, and Renewable Energy Certificates/Green Attributes) and Green Energy Open Access (Hybrid, Solar, and Wind PPAs). Underlying both is Sunsure Power Markets Private Limited, a wholly-owned CERC-licensed power trading entity that enables energy exchange trading on IEX and PXIL and bilateral contracting, allowing the company to optimize dispatch and monetize RECs and carbon credits.

The company sells long-term PPAs (15–25 years) at fixed tariffs typically ranging ₹2.30–₹4.50/kWh depending on resource mix, with no upfront cost to customers, and executes the full lifecycle internally — land acquisition, project development, EPC, and O&M — across 16+ Indian states. As of 2025, Sunsure reports 700+ MW commissioned, an 8.3+ GW pipeline, and 80+ industrial customers spanning cement, steel, pharma, FMCG, ceramics, electronics, automotive components, data centres, and beverages, including LG Electronics, UltraTech Cement, Jindal Stainless, Emcure Pharmaceuticals, Dabur, Haldiram's, and Bisleri.

Sunsure is privately held and backed by Swiss private equity firm Partners Group AG, which invested $400 million in equity in 2021, with additional capital from FMO, Tata Capital, Aseem Infrastructure Finance, RBL Bank, and REC (the latter via an MoU for ₹10,000 crore of debt financing for 3 GW of new projects). The company's stated growth target is 10 GW of operational renewable capacity by 2030, with intermediate targets including 500 MW in Uttar Pradesh by FY26. Pricing is quote-based and project-specific, with revenue streams consisting of recurring PPA electricity tariffs, transaction-based power trading, and REC/carbon credit sales.

Name

Sunsure Energy

Legal name

Sunsure Energy Private Limited

Website

https://sunsure-energy.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

101–250 employees

Short description

Sunsure Energy is an India-based Independent Power Producer founded in 2014 that develops, owns, and operates round-the-clock renewable energy assets (solar, wind, BESS) and sells 15–25 year PPAs to commercial and industrial customers across 16+ states.

Ownership category

akta.pro rank

Product category

Independent Power Production (Renewable Energy)

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111)

SIC

Electric Services (4911)

akta.pro primary industry

Solar Project Development & IPP (Utility-Scale & Rooftop) (EUAMABAA)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Retail Supply + DER/Virtual Power Plant Bundles (Solar, Storage, DR) (EUAGABAI), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Renewable energy PPAs
• Solar power procurement
• Wind energy supply
• Battery energy storage
• Round-the-clock power

Headquarters

HQ city

Haryana

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D

Revenue model

1. Power Purchase Agreements (PPAs): Long-term Power Purchase Agreements with commercial and industrial customers for supply of renewable energy. Customers benefit from fixed tariff pricing, reduced carbon footprint, and no upfront investment. Revenue is generated through electricity supply over 15-25 year contract periods.
2. Power Trading: Sunsure Power Markets Private Limited holds CERC power trading license enabling energy trading activities in the Indian power exchange market.
3. Green Attributes (RECs and Carbon Credits): Sale of Renewable Energy Certificates and carbon credits generated from renewable energy projects to help customers meet sustainability goals and regulatory compliance.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Sunsure Energy is an Independent Power Producer that develops, owns, and operates round-the-clock renewable energy assets and supplies clean power to commercial and industrial consumers through long-term (15–25 year) Power Purchase Agreements with zero upfront cost to customers. Its core offering combines solar generation, wind generation, and Battery Energy Storage Systems (BESS) to deliver 24/7 renewable power, supported by CERC-licensed power trading, Renewable Energy Certificate management, and a pan-India project pipeline.

Product overview

Sunsure Energy is an Independent Power Producer (IPP) and round-the-clock renewable energy (RE-RTC) solutions provider founded in 2014, offering a platform-plus-modules architecture. The core offering consists of two principal product lines: (1) RE RTC Solutions — a suite combining RTC Power, Battery Energy Storage (BESS), and Renewable Energy Certificates (RECs) — enabling 100% renewable energy transition for industrial consumers; and (2) Green Energy Open Access — off-site PPA solutions covering Solar PPAs, Wind PPAs, and Hybrid PPAs. Underpinning both is Sunsure Power Markets Private Limited, the CERC-licensed power trading arm that enables energy exchange trading (IEX/PXIL) and bilateral contracts. The company also offers a portfolio of commissioned solar and wind projects across India (Dhule 120 MWp, Solapur 150 MWp, Erach 82.5 MWp, Augasi 49 MWp, Mahoba 105 MWp, and others) and is backed by Partners Group AG with $400 million equity investment, targeting 10 GW of operational capacity by 2030.

Differentiator

Problem solved

Functional benefit

Products and services

• RE RTC Solutions A comprehensive suite of renewable energy solutions enabling businesses to achieve 100% round-the-clock clean energy through a customized mix of solar, wind, and battery storage, combined with Renewable Energy Certificates and Green Attributes for RE100 and ESG compliance. Targeted at energy-intensive commercial and industrial customers in India.
• Solar PPAs Turnkey Solar Power Purchase Agreements offering fixed-tariff solar energy with zero upfront cost, clean energy supply, reduced carbon footprint, and predictable pricing for sustainability-focused commercial and industrial businesses in India. Open-access solar PPAs priced between ₹2.30–₹4.00/kWh in most Indian states with multi-year contract billing.
• Wind PPAs Wind Power Purchase Agreements enabling commercial and industrial businesses to source clean, reliable power from state-of-the-art wind farms with customized terms and zero upfront investment. Wind tariffs under PPAs range between ₹3.00–₹4.50/kWh depending on the Indian state, locked in for 15–25 year contract periods.
• Hybrid PPAs Hybrid Power Purchase Agreements combining solar and wind generation to deliver a more consistent and reliable energy supply compared to standalone renewable options, optimizing power output across multiple sources. Delivers 35%+ Capacity Utilization Factor without storage and is suited to data centres, cement, and pharmaceutical industries with potential cost savings up to 50% compared to conventional grid power.
• RTC Power Combines customized solar, wind, and battery storage solutions with strategic energy trading to deliver 24/7 clean and reliable renewable power for energy-intensive industries including Steel, Cement, Data Centres, Pharmaceutical, and Automobile sectors.
• Energy Storage (BESS) Advanced Battery Energy Storage Systems ensuring uninterrupted, dispatchable clean energy for Commercial and Industrial operations during peak demand and non-generation hours, enabling round-the-clock renewable power delivery.
• Renewable Energy Certificates (RECs) and Green Attributes Green attribute strategy providing access to Renewable Energy Certificates (RECs), Carbon Credits, and other instruments to help commercial and industrial clients achieve RE100 commitments and ESG compliance goals.
• Sunsure Power Markets - Power Trading Services Power trading entity holding a Central Electricity Regulatory Commission (CERC) power trading license, enabling Sunsure Energy to engage in electricity trading through Indian power exchanges (IEX and PXIL) and bilateral agreements to optimize renewable energy delivery and pricing.

Quantifiable outcome

• Reduces electricity costs by up to 50% compared to conventional grid power
• +3 more outcomes

Named customers20 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered major, vendor and customer.

• Suzlon EnergymajorStrategic or Co-development Partner · 26 May 2026195 MW repeat wind turbine order for S144 three-megawatt platform in Karnataka's Bijapur district. Partnership with Suzlon extends to nearly 300 MW across Maharashtra and Karnataka. Order involves 65 wind turbine generators with erection, commissioning, and O&M services.
• Deepak Fertilisers and Petrochemicals Corp. (DFPCL)majorOthers19.36 MW hybrid renewable power supply agreement combining solar and wind energy for DFPCL's facility in Raigad, Maharashtra. Project significantly reduces carbon footprint as part of Sunsure's broader renewable asset expansion.
• Vikram SolarvendorTechnology or Integration148.9 MW order of high-efficiency M10R N-Type TOPCon solar modules deployed in Maharashtra and Uttar Pradesh.
• Accord Transformer & Switchgear LtdvendorTechnology or Integration₹47 Lakh purchase order for supply of 150 kVA and 500 kVA auxiliary transformers for solar and BESS projects in Mundsar, Rajasthan.
• Daeseung Autoparts IndiacustomerOthers8 MWp solar PPA for Kanchipuram plant in Tamil Nadu, meeting nearly 60% of power demand and offsetting 5,800 metric tonnes of CO2e annually.
• Ilgahng AutomotivecustomerOthersSolar PPA for Tamil Nadu manufacturing facility offsetting 3,400 metric tonnes of CO2e annually.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ReNew Energy Global: One of India's largest renewable IPPs (utility-scale solar and wind) serving C&I and utility customers through long-term PPAs. Direct competitor for open-access C&I solar/wind capacity and corporate renewable procurement.
• Avaada Energy: Indian renewable IPP developing solar, wind and hybrid projects across multiple states. Comparable focus on C&I customers and open-access PPAs with a similar pan-India execution model.
• Fourth Partner Energy: India-focused C&I renewable energy platform providing solar, wind and storage solutions through long-term PPAs. Directly comparable customer segment and distributed generation focus.
• Amp Energy India: Developer of utility-scale and C&I solar, wind and storage projects across India. Directly comparable in target customers, geography and hybrid PPA offerings.
• SunSource Energy: India-focused C&I solar and storage IPP providing distributed and open-access renewable PPAs. Closely comparable customer profile, project sizes and financing structure.
• CleanMax Enviro Energy Solutions: C&I-focused renewable IPP delivering solar, wind and hybrid PPAs to industrial and commercial customers across India. Highly comparable in customer segment, contract structure and value proposition.

Broad incumbents

• Adani Green Energy: Largest Indian renewable IPP with utility-scale solar, wind and hybrid projects. Competes for large industrial and utility PPAs and brings a significantly larger balance sheet and project pipeline.
• Tata Power Renewables: Renewable arm of Tata Power with utility-scale solar, wind and rooftop offerings plus C&I solutions. Competes directly for industrial and group captive customers and benefits from Tata group captive demand.
• JSW Energy: Diversified Indian power producer expanding into solar and wind IPP. Targets C&I customers and competes for open-access and hybrid renewable PPAs with strong balance sheet.
• Greenko Group: Large Indian renewable IPP with significant solar, wind and pumped storage hydro capacity. Competes for hybrid and storage-enabled RE supply to industrial customers and utilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/sunsureenergy?s=21
• Facebookfacebook.com/sunsure.energy
• LinkedInlinkedin.com/company/sunsure
• Instagraminstagram.com/sunsureenergy

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries4 records

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sunsure Energy