Fortum commissions 250 MW solar power project
The company had won the project in a competitive auction held in June 2018
Finnish energy company Fortum has successfully commissioned its largest solar power project in India. It has commissioned 250 MW solar power project located in the Pavagada solar power park in Karnataka.
The company had won the project in a competitive auction held in June 2018. The company bid a tariff of Rs 2.85 per kWh.
Fortum already operates a 100 MW project within this solar park. In June 2018, Fortum had stated that the project will entail an investment of EUR 120 million and will be commissioned in Q3/2019. It completed 150 MW in July 2019 and 100 MW in early August 2019.
The 250 MW project was Fortum’s last major win in the Indian market.