Expansion22 May 2026, 09:10 am
Fujiyama to set up 1.2 GW TopCon Solar Cell Facility
AI Summary
Fujiyama Power Systems Ltd plans to establish a 1.2 GW TopCon solar cell manufacturing facility at its Ratlam plant in Madhya Pradesh. The project, with an estimated investment of ₹350 crore, will be funded through debt and internal accruals. Commercial operations are expected to commence in Q1 FY2028. This expansion aims to strengthen the company's integrated manufacturing capabilities, reduce cost volatility, and improve its competitive position in the B2C rooftop solar market.
Key Highlights
- Fujiyama to establish 1.2 GW TopCon solar cell facility in Ratlam, MP.
- Project investment estimated at ₹350 crore, funded via debt and internal accruals.
- Commercial operations expected to begin in Q1 FY2028.
- Expansion aims to reduce cost volatility and improve gross margins.
- Facility will strengthen Fujiyama's competitive position in the B2C rooftop solar market.
Price Impact
More from UTLSOLAR