Sunsure Energy has signed a Battery Energy Discharge Purchase Agreement (BEDPA) with NTPC VidyutVyapar Nigam Ltd (NVVN), a wholly owned subsidiary of NTPC Ltd, for the supply of 125 MW/500 MWh of peak power from a standalone Battery Energy Storage System (BESS). The power will be supplied to NVVN, with Uttar Pradesh Power Corporation Ltd (UPPCL) as the end procurer.
The 15-year agreement will see Sunsure develop, own, and operate the BESS facility at the Garautha substation (400/220 kV) in Jhansi, Uttar Pradesh. The system will deliver four hours of on-demand power between 6 pm and 10 am, enabling UPPCL to meet peak demand with reliable, clean energy at competitive long-term tariffs.
This project marks Sunsure’s first long-term supply contract through BESS and represents a milestone in India’s energy storage landscape. Unlike traditional arrangements with fixed monthly charges, this pact is based on a fixed tariff (₹/kWh) for discharged energy, making it a pioneering model in the country.
“This agreement reflects our transition from pure-solar offerings to hybrid systems with storage, enabling customers to access renewable power even during peak hours,” said Shashank Sharma, Founder, Chairman & CEO of Sunsure Energy. “On the utility side, this marks an important evolution—from winning SECI’s solar bids to advanced hybrid tenders with SJVN, and now, NVVN’s first large-scale BESS deployment in India.”
Founded in 2014, Sunsure Energy is a leading provider of renewable energy solutions in India, helping businesses transition to green energy. The company specializes in providing long-term PPAs that allow companies to offset a significant portion of their energy consumption with renewable sources, including solar, wind, and battery storage. Sunsure has an ambitious goal of reaching 5 GW of renewable energy capacity by 2028 and is supported by Partners Group AG with an equity commitment of $400 million.