Fujiyama Power Systems To Set Up One Point Two GW Plant At Ratlam

28 May 2026 CW Team

The company indicated that commercial operations at the Ratlam TopCon unit are expected to commence in the first quarter of fiscal year 2028 and that the project carries an estimated investment of Rs three point five billion (bn). Funding for the scheme will come from a mix of debt and internal accruals, the firm added. Management presented the expansion as part of a wider strategy to secure upstream capacity and improve cost competitiveness.

Fujiyama said the additional TopCon capacity will substantially strengthen integrated manufacturing capabilities across the solar value chain and support reliable availability of domestic content requirement (DCR) compliant cells. The firm noted recent inclusion on the Ministry of New and Renewable Energy (MNRE) approved list under ALMM-II for solar cells, which it expects to aid supply to DCR solar panel programmes. The company also identified the on-grid rooftop market, particularly the Pradhan Mantri Surya Ghar Muft Bijli Yojna, as a target for growth.

Leadership described the Ratlam facility as a means to consolidate competitive positioning and to advance the objective of solarising Indian households through indigenously manufactured solutions. Executives framed the expansion as enhancing backward integration, improving cost control and ensuring steady product availability for domestic projects. The firm underlined its commitment to quality and local manufacturing as central to its market strategy.

Fujiyama Power Systems supplies rooftop solar systems and related components including solar panels, inverters, lithium and tubular batteries, chargers and power electronics. The company positioned the Ratlam investment as a strategic addition to its existing product and manufacturing portfolio.

Fujiyama Power Systems has announced plans to establish a one point two gigawatt (GW) TopCon solar cell manufacturing facility at Ratlam in Madhya Pradesh. The move follows its existing one gigawatt (GW) Mono PERC solar cell plant at Dadri in Uttar Pradesh and is intended to broaden the firm's domestic manufacturing footprint. The company indicated that commercial operations at the Ratlam TopCon unit are expected to commence in the first quarter of fiscal year 2028 and that the project carries an estimated investment of Rs three point five billion (bn). Funding for the scheme will come from a mix of debt and internal accruals, the firm added. Management presented the expansion as part of a wider strategy to secure upstream capacity and improve cost competitiveness. Fujiyama said the additional TopCon capacity will substantially strengthen integrated manufacturing capabilities across the solar value chain and support reliable availability of domestic content requirement (DCR) compliant cells. The firm noted recent inclusion on the Ministry of New and Renewable Energy (MNRE) approved list under ALMM-II for solar cells, which it expects to aid supply to DCR solar panel programmes. The company also identified the on-grid rooftop market, particularly the Pradhan Mantri Surya Ghar Muft Bijli Yojna, as a target for growth. Leadership described the Ratlam facility as a means to consolidate competitive positioning and to advance the objective of solarising Indian households through indigenously manufactured solutions. Executives framed the expansion as enhancing backward integration, improving cost control and ensuring steady product availability for domestic projects. The firm underlined its commitment to quality and local manufacturing as central to its market strategy. Fujiyama Power Systems supplies rooftop solar systems and related components including solar panels, inverters, lithium and tubular batteries, chargers and power electronics. The company positioned the Ratlam investment as a strategic addition to its existing product and manufacturing portfolio.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..