Expansion14 May 2026, 09:51 pm
Fujiyama Power to Add 1.2 GW Solar Cell Capacity in Ratlam
AI Summary
Fujiyama Power Systems Ltd. announced plans to expand its solar cell manufacturing capacity by 1.2 GW at its Ratlam, Madhya Pradesh plant. This expansion, using 'TopCon' technology, is part of the company's backward integration and technology upgrade strategy. The project, with an estimated investment of ₹350 crore financed through debt and internal accruals, is expected to be commissioned in Q4 of FY 2026-27. The expansion aims to reduce cost volatility, ensure DCR-compliant solar cells, improve margins, and strengthen the company's market position.
Key Highlights
- Fujiyama Power to add 1.2 GW 'TopCon' solar cell capacity at Ratlam plant.
- Commercial operations are expected to commence in Q4 FY 2026-27.
- The expansion project requires an estimated investment of ₹350 crore.
- Funding will be sourced through debt and internal accruals.
- Expansion supports backward integration and technology upgradation strategy.