Fortum wins the right to build a 250-MW solar power plant in India
FORTUM CORPORATION INVESTOR NEWS 4 MARCH 2019 AT 9.00 EET Fortum has won the right from Solar Energy Corporation of India to build a 250-megawatt (MW) solar power plant in Rajasthan, India. Commissioning of the plant is expected in the fourth quarter of 2020. The solar park will be entitled to a fixed tariff of 2.48 INR/kWh for 25 years. Based on its strategy, Fortum will continue to build on its long-standing expertise to grow in CO2-free power generation. In solar and wind, the ambition is to increase the solar and wind portfolio to a multi-gigawatt scale. Fortum's business model in