Fujiyama Power Systems Limited has announced the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh. This development is part of the company’s large-scale greenfield manufacturing expansion project aimed at strengthening its integrated solar manufacturing capabilities. The facility is designed to support a manufacturing capacity of 2,000 MW each for solar panels, batteries, and inverters.
Initially, the Ratlam plant will operate at an annualised capacity of approximately 1,000 MW under a single-shift operation, with plans to gradually ramp up through double shifts to achieve full capacity utilisation by the fourth quarter of FY27. With this new facility, Fujiyama’s total solar panel manufacturing capacity has increased to 3,568 MW.
The company faced delays in the commissioning of power electronics and battery manufacturing capacities due to the incorporation of the latest advancements in lithium-ion battery technology and geopolitical developments affecting supply timelines. However, these issues have been largely addressed. The inverter manufacturing line is expected to be commissioned in the first quarter of FY27, with the necessary machinery already received at the facility. Additionally, machinery orders for the battery manufacturing line have been placed, with commissioning expected in the second quarter of FY27.
This expansion at Ratlam further strengthens Fujiyama’s manufacturing footprint and supports its 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, stated, “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.”
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).