Finnish firm Fortum commissions 70-MW solar project in Rajasthan

Finland-based Fortum has commissioned a 70-MW solar plant at Bhadla solar park in Rajasthan. The solar plant is Fortum's third and so far biggest commissioned solar energy project. 

The power plant, a reverse auction for which was won by Fortum in January 2016, will operate based on a power purchase agreement (PPA), with a fixed tariff for 25 years. The power purchase agreement has been made with National Thermal Power Corporation Limited (NTPC), India's largest power utility.

Fortum currently has an 85-MW solar capacity in India, with three solar power plants in Rajasthan and Madhya Pradhesh. Fortum is currently building a 100-MW