| Country | Power plant | Biggest owner | Capacity (MW)* | Fortum's share (%) |
|---|---|---|---|---|
| India | Amrit | Fortum | 5 | 46 |
| India | Kapeli | Fortum | 10 | 46 |
| India | Bhadla | Fortum | 70 | 46 |
| India | Pavagada | Fortum | 100 | 46 |
*All figures in MWac rounded to nearest Megawatt, Russia Solar in MWp (dc).
Solar power plants
Solar power play a crucial role in enabling the green transition. We have jointly owned solar power plants in India and are developing solar plants in the Nordics.
Jointly owned
As announced in early March 2022, Fortum stopped all new investment projects in Russia and is not providing any new financing to its Russian subsidiaries. In May 2022, Fortum also announced that it is preparing a controlled exit from the Russian market, with potential divestments of its Russian operations as the preferred path. These processes might take some time and are subject to regulatory approvals. The company is complying with all applicable laws and regulations, including sanctions, and preparing for various scenarios.