Fujiyama Power Systems To Set Up One Point Two GW Plant At Ratlam
POWER & RENEWABLE ENERGY

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

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.

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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code