Fujiyama Power Systems Limited (“Fujiyama” or the “Company”), one of India’s leading providers of rooftop solar solutions, offering an extensive portfolio across solar panels, inverters, lithium and tubular batteries, chargers and power-electronics systems, announced the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh.
The Ratlam facility is a part of Fujiyama’s large scale greenfield manufacturing expansion project being developed to strengthen the Company’s integrated solar manufacturing capabilities. The facility has been developed with a planned manufacturing capacity of 2,000 MW each for solar panels, batteries and inverters.
The plant will initially operate at an annualized capacity of approximately 1,000 MW under a single-shift operation, with gradual ramp-up planned in phases. Furthermore, it is expected to be gradually ramped-up through double shifts operations to achieve full capacity utilization by Q4FY27.
With the commissioning of the Ratlam solar panel manufacturing facility, Fujiyama’s total solar panel manufacturing capacity has increased to 3,568 MW.
At the same facility, the commissioning timelines for the power electronics and battery manufacturing capacities experienced certain delays as the Company incorporated the latest advancements in lithium-ion battery technology to ensure that its products remain relevant and competitive in the evolving market. In addition, certain geopolitical developments impacted supply timelines during the execution phase.
With these factors now largely addressed, the inverter manufacturing line is expected to be commissioned in the first quarter of FY27 and the requisite machinery has already been received at the facility. Further, machinery orders for the battery manufacturing line have been placed and commissioning is expected in the second quarter of FY27.
The Ratlam expansion further strengthens Fujiyama’s manufacturing footprint and supports the Company’s long-term strategy of increasing backward integration, improving supply-chain efficiencies and expanding manufacturing scale.
Commenting on the commissioning, Chairman and Joint Managing Director, Pawan Kumar Garg said:
“The commissioning of our solar panel manufacturing facility at Ratlam marks an important milestone in Fujiyama’s growth journey and manufacturing expansion strategy. This greenfield project strengthens our ability to serve the rapidly growing domestic rooftop solar market with higher manufacturing scale, improved operational efficiencies and greater control across the value chain.”
