Fortum India

India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort

Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […]

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Clean Energy Flunks The Easy Financing Test

For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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Interview With Manoj Gupta VP Solar Business, Fortum India Pvt Ltd

Fortum offers energy-related products and expert services to private and industrial customers and energy producers. Fortum’s target is to increase its solar power production significantly. The company’s first 5 MW solar PV plant is in Bhilwara, Rajasthan. Fortum’s second project, and its first greenfield solar plant, is a 10 MW Solar PV plant in Kapeli, […]

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