Energy sector projects by Fortum India Pvt. Ltd. in Multi Location
Project Information
7164
Fortum India Pvt. Ltd.
Finnish utility firm Fortum on Tuesday said it will invest 200-400 million euros (around Rs 1,500-3,000 crore) in solar power projects in India.
"India offers one of the best solar resources and a sound government support for the development of solar sector. The country provides a good platform for Fortum to further develop its business in solar also elsewhere," the company said in a statement.
The government plans to jack up solar power generation capacity to 100 gigawatts (Gw) by 2022, up from 5.25 Gw currently. India gets more than 300 days of sunshine a year across the seventh-largest land area in the world.
Fortum has 15 megawatts (Mw) of solar capacity in India. In January this year, it won a reverse auction for a 70 Mw project with a fixed tariff for 25 years.
Project Value
INR 3000 Crore /-
Planning
Multi Location
Multi State
India
Energy
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