Fujiyama Commissions 1 GW Solar Cell Plant In Uttar Pradesh

27 Jan 2026 CW Team

Fujiyama Power Systems has commissioned a 1 gigawatt solar cell manufacturing plant at Dadri, Uttar Pradesh, marking a significant expansion of its in-house manufacturing capabilities. The facility has been developed with a total investment of around Rs 3 billion, funded through a mix of internal accruals and debt.

Solar cells are a critical component in the production of solar panels, and the commissioning of the new plant aligns with the government’s push to strengthen domestic manufacturing and reduce reliance on imports. The move is expected to enhance supply chain resilience and improve integration across the solar value chain.

The company currently operates a total solar panel manufacturing capacity of 1.6 GW, of which 1.2 GW is based at Dadri. The newly added 1 GW solar cell capacity will be utilised entirely for captive consumption, supporting Fujiyama’s existing module manufacturing operations.

Commenting on the development, Pawan Kumar Garg, Chairman and Joint Managing Director of Fujiyama Power Systems, said the facility represents a key step in strengthening manufacturing integration. By bringing solar cell production in-house, the company aims to improve visibility and control across the value chain, reduce dependence on imported cells and enhance supply reliability for its solar panel business.

The project was completed within six months and will manufacture mono PERC DCR series solar cells, enabling Fujiyama to tap into growing consumer demand driven by government subsidies. The domestic content requirement norms mandate the use of locally manufactured components in solar projects, supporting the development of India’s domestic solar manufacturing ecosystem.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..