Fortum started producing solar energy in
India in 2013 by acquiring a 5-megawatt solar power plant in the state of
Rajasthan, in north-western India. It was the first step in a process of
building a small photo-voltaic (PV) solar portfolio with an aim to test
different solar technologies.
The power plant’s nominal peak capacity is 5
megawatts and its annual production is approximately 9 gigawatt-hours. The
power plant was constructed as part of the Jawaharlal Nehru National Solar
Mission (JNNSM), an initiative launched by the Indian government to promote
solar energy production with an ambition to build 22 gigawatts of solar power
generation capacity by year 2022. The plant will receive a guaranteed
electricity price for 25 years under the government’s power purchase agreement
(PPA) to ensure a sufficient return on investment.
In December 2014 Fortum India announced the
grid connectivity for its 10 MW solar PV plant in Madhya Pradesh. The power
plant spreads over about 70 acres and it is
the first project to be commissioned under the Jawaharlal Nehru National Solar
Mission (JNNSM) Phase II Batch I.