Under the contract, Semcon will be responsible for the electrical design, documentation, delivery, assembly, testing and commissioning of new switchgear and excitation equipment for the stations.

The company stated that it would start the work on the contract immediately and will involve nearly 10 people for the job.

Semcon CEO and president Markus Granlund said: “We have carried out projects with Fortum for many years now.

“It feels very good that they continue to have confidence in us as a partner and have entrusted us with this refurbishment.”

For energy and renewable energy sources, Semcon is mainly focused on electricity and control equipment for hydropower plants, substations and converter substations.

Fortum is major provider of clean energy and its operations include 130 hydropower plants. The company employs around 9,000 professionals in the Nordic and Baltic countries, Russia, Poland and India.

Recently, Fortum signed an agreement to acquire three solar power companies from Russia’s integrated solar power company Hevel Group. The transaction is expected to be closed by the end of 2017.

Currently, the company operates 85MW of solar capacity in India and an additional 100MW is estimated to be commissioned during 2017.