New Delhi, Jan. 26 -- The Partners Group-backed independent power producer Sunsure Energy has signed its first utility-scale solar power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 300 megawatts of renewable energy.

Under the PPA, Sunsure will develop a solar park in Bikaner, Rajasthan, with an estimated cost of Rs.1,800 crore. The project is expected to be completed by December next year.

The company said the agreement covers a peak capacity of 450MW with Inter-State Transmission System (ISTS) connectivity. It is Sunsure's largest PPA and is part of SECI's Tranche XIII auction for ISTS solar capacity, which the company won in March last year.

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