India
Statkraft entered the Indian power market through its subsidiary SN Power in 2004 when it acquired 49 per cent of the shares in Malana Power Company Limited (MPCL). Statkraft was then the first foreign investor in the Indian hydropower sector.
Our energy generation portfolio in India includes two operating hydropower assets (Allain Duhangan and Malana) and one solar park in operation (Nellai). All hydro power assets are located in the state of Himachal Pradesh, while the solar park is located in the state of Tamil Nadu.
Statkraft Markets Pvt. Ltd. was established in Delhi in 2011.
In 2025, Statkraft announced its decision to divest its renewable energy activities in India as part of a strategic shift toward core markets.
Key facts
- Present in India since 2004
- Two operational hydropower plants
- One operational solar plant
- One solar plant under construction
- Installed capacity of approximately 300 MW
India country office - New Dehli
Statkraft India Private Limited
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