Fortum in India

In 2012, Fortum entered the Indian market and its businesses have mainly included development of renewables. At the moment, in line with its Nordic strategy, Fortum is limiting its exposure in India and evaluating alternatives for these remaining operations and will not make any further commitments in India. Fortum has EV charging services in India.

Solar power in India

In April 2025, Fortum sold its renewables development portfolio in India to Hexa Climate Solutions Pvt Ltd. 

In May 2024, Fortum sold the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. The portfolio comprises four solar power plants in India with the total capacity of 185 MW: Amrit (5 MW), Kapeli (10 MW), Bhadla (70 MW) and Pavagada (100 MW). In 2018–2019, Fortum sold 56.25% of the company.

Investor news 3.5.2024: Fortum sells its ownership in the 185-MW Indian solar portfolio and considers alternatives for its remaining operations in India

Sale of Pavagada and Rajashtan solar parks

In June 2021, Fortum divested the 250-MW Pavagada II and the 250-MW Rajasthan solar power plants in India to Actis, a global infrastructure investment firm.

Investor news 22.6.2021:  Fortum to divest 500 MW of solar power plants in India – agreement with Actis for solar investments

EV charging services in India

Fortum has EV charging services in India.