Managing Director, Fortum India
Mr. Sanjay Aggarwal is the Managing Director, Fortum India and Global Head for Solar at Fortum. Fortum has committed to invest 200-400 Million Euros in India and is current managing 185 MW of operational solar projects & 250 MW Solar under construction. With Solar as the strong foundation, Fortum also has ambitious plans to expand Bio2X, Charge & Drive & eNext businesses to India. A joint venture has been established together with Numaligarh Refinery Limited (NRL) and Chempolis for building a biorefinery in Assam that aims at more resource efficient use of biomass. Charge & Drive segment responds to an increasing demand in e-mobility, by providing turnkey solutions for B2B and B2G, creating public charging network and providing world-class cloud solutions. eNext focuses on providing NOx reduction solutions to thermal power plants in India.
Before joining Fortum, Sanjay was Chief of Projects, TATA Power, and led Project Development & Project Management activities in Coal, Waste Gas, Hydro projects – covering power generation, combined heat and power solutions, and coal mining – in North and East India.
With 32 years in the Energy Sector, he brings with him all-round expertise in Project Development, Project Management & Execution, Marketing and Sales of IPP/Industrial captive power plants, IPP Business Development, Developing BOOM/BOOT Models, Project & Structured Finance, Asset Management Services, Operation and Management agreements, creating new businesses and coal-mine development.
Sanjay began his career with Tata Motors and commanded leadership positions with Thermax, ABB, Wartsila India Limited and Tata Power. He has a wealth of multifaceted, multi-market experience, having been a business leader in Indian and global energy companies. Sanjay has presented papers across business imperatives in various Indian and global energy forums.
He is an alumnus of Delhi College of Engineering where he majored in Mechanical Engineering; he specialized in Power Plant Practice & Automobile Engineering.
Sanjay is an avid blogger and has cross-topic interests, apart from Power and Energy sector in India. In his spare time he likes to indulge in reading, writing and travelling.
Fortum's vision is for a cleaner world. Fortum’s mission is to engage customers and society to drive the change towards a cleaner world. Key role is to accelerate this change by reshaping the energy system, improving resource efficiency and providing smart solutions, already 61% of electricity generation is CO2 free. Fortum has core operations in 10 countries, with close to 9,000 energy sector professionals- the key markets being the Nordic and Baltic countries, Russia, Poland, and India. Worldwide, Fortum has 128 hydro power plants as well as 26 CHP, condensing and nuclear power plants besides increasing ambitions to grow in solar and wind. Fortum also supply heat in some 22 cities and towns and have five main waste treatment facilities. Fortum is a listed company on Nasdaq Helsinki exchange and has a global turnover of 4.5 Billion Euros