NEW DELHI: Finnish utility Fortum OYJ is ready to self-finance Indian solar projects that promise to generate electricity at record-low prices, boosting Prime Minister Narendra Modi’s (pic) renewable energy ambitions and sidelining bankers spooked by SunEdison Inc’s insolvency.
“We’ll take the construction risk ourselves,” Sanjay Aggarwal, managing director at Fortum, said in an interview in New Delhi.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
