Sunsure Energy to invest Rs 31.5 bn in 500 MW RE projects across TN
POWER & RENEWABLE ENERGY

Sunsure Energy to invest Rs 31.5 bn in 500 MW RE projects across TN

Sunsure Energy has committed to investing Rs 31.5 billion in renewable energy initiatives in Tamil Nadu over the next three years. The company, in collaboration with the state government, is set to establish four new renewable energy projects totalling 500 Megawatts (MW), according to a statement released.

Under the Memorandum of Understanding (MoU) with Tamil Nadu, Sunsure Energy is entering into a strategic partnership for a substantial investment of Rs 31.5 billion in enhancing the state's renewable energy capacity within the next three years. This collaborative effort aims to bolster Tamil Nadu's green energy capabilities through the implementation of four new projects with a combined capacity of 500 MW.

The forthcoming projects will be strategically located in various areas, including Tuticorin & Tirunelveli, Theni, and Tiruchirappalli, as outlined by the company.

These initiatives have the potential to generate over 1,200 employment opportunities within the state.

Sunsure Energy's plan includes the establishment of three solar power plants, each with a capacity of 100 MW, along with a wind power plant boasting a capacity of 200 MW, strategically positioned across Tamil Nadu.

Shashank Sharma, the Founder, Chairman, and CEO of Sunsure Energy, expressed the company's commitment, stating, "We will leverage our expertise in the renewable energy sector to play a role in enhancing the state's renewable energy generation capacity and supporting its socio-economic and development objectives."

Notably, Sunsure Energy stands out as one of India's leading renewable energy power producers, focusing on the commercial and industrial (C&I) sector.

Sunsure Energy has committed to investing Rs 31.5 billion in renewable energy initiatives in Tamil Nadu over the next three years. The company, in collaboration with the state government, is set to establish four new renewable energy projects totalling 500 Megawatts (MW), according to a statement released. Under the Memorandum of Understanding (MoU) with Tamil Nadu, Sunsure Energy is entering into a strategic partnership for a substantial investment of Rs 31.5 billion in enhancing the state's renewable energy capacity within the next three years. This collaborative effort aims to bolster Tamil Nadu's green energy capabilities through the implementation of four new projects with a combined capacity of 500 MW. The forthcoming projects will be strategically located in various areas, including Tuticorin & Tirunelveli, Theni, and Tiruchirappalli, as outlined by the company. These initiatives have the potential to generate over 1,200 employment opportunities within the state. Sunsure Energy's plan includes the establishment of three solar power plants, each with a capacity of 100 MW, along with a wind power plant boasting a capacity of 200 MW, strategically positioned across Tamil Nadu. Shashank Sharma, the Founder, Chairman, and CEO of Sunsure Energy, expressed the company's commitment, stating, We will leverage our expertise in the renewable energy sector to play a role in enhancing the state's renewable energy generation capacity and supporting its socio-economic and development objectives. Notably, Sunsure Energy stands out as one of India's leading renewable energy power producers, focusing on the commercial and industrial (C&I) sector.

Next Story
Infrastructure Transport

Railway stations in Prayagraj undergo major passenger facility expansion

The Railway Board Chairman and CEO, Satish Kumar, conducted an extensive inspection on Saturday alongside the General Manager of Northern Railway and the officiating General Manager of North Central Railway. Their visit focused on various ongoing projects at multiple stations across the Northern and North Central Railway zones, with particular attention to enhancing facilities for the upcoming Maha Kumbh. During the inspection, Chairman Kumar reviewed the construction of a vital bridge over the River Ganga, specifically between Jhunsi and Prayagraj Rambagh. This bridge is expected to significa..

Next Story
Infrastructure Transport

Madurai-Thoothukudi broad gauge line works under review

The construction of the Madurai-Thoothukudi broad gauge line, which includes the crucial Melmarudur-Tiruparankundram project, is currently under careful review. This update comes from Southern Railway's assistant public information officer, J Kumarasubramanian, following an RTI inquiry made by a concerned citizen, Dayanand Krishnan. The new broad gauge line is projected to cover a total length of 143.5 km, with the initial 18 km stretch between Milavittan and Melmarudur completed and sanctioned by the Commission of Railway Safety on March 8, 2022. While substantial progress has been made on t..

Next Story
Real Estate

DLF expects Rs 26,000 cr from super luxury project in Gurugram

Realty giant DLF is projecting impressive revenue of Rs 26,000 crore from its newly unveiled super-luxury project, The Dahlias, situated in the heart of Gurugram. Ashok Tyagi, the Managing Director of DLF, shared these insights during a recent conference call with market analysts, highlighting the project's potential amidst rising demand for high-end residential properties. The Dahlias project spans an expansive 17 acres and is set to feature approximately 420 ultra-luxury apartments, each boasting a minimum size of 10,300 square feet. This ambitious development has already garnered significan..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000