Finnish firm Fortum has commissioned a 70-megawatt solar plant at Bhadla solar park in Rajasthan.
According to PTI, the solar plant is Fortum’s third and so far biggest commissioned solar energy project, the company said in a statement here.
Fortum won a reverse auction for the project in January 2016 and the building of the solar plant was conducted on schedule.
Fortum currently has an 85-MW solar capacity in India, with three solar power plants in Rajasthan and Madhya Pradesh.
It is currently building a 100-MW solar power plant in Karnataka. This plant will also get a fixed tariff for 25 years and is expected to be commissioned during the first half of 2017, the statement said.
Fortum added that the company is targeting a gigawatt-scale solar and wind portfolio as part of securing its longer-term competitiveness. Fortum seeks to allocate its planned growth capital in the range of EUR 200-400 million in solar projects in India.
