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Finland's Fortum plans solar power expansion in India

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Reuters HELSINKI
Last Updated : Apr 12 2016 | 11:57 AM IST

HELSINKI (Reuters) - Finnish state-controlled utility Fortum on Tuesday said it was planning to invest 200-400 million euros ($228-456 million) in solar power projects in India.

"Some large-scale greenfield development will be targeted to enable economies of scale. In addition, the company will consider seeking possible partnerships or other forms of cooperation," Fortum said in a statement.

($1 = 0.8765 euros)

(Reporting by Jussi Rosendahl, editing by Terje Solsvik)

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First Published: Apr 12 2016 | 11:38 AM IST

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