Fujiyama Power Systems Limited has informed the Exchange regarding a press release, titled "Commissions 2,000 MW Solar Panel Manufacturing Facility Line and Update on Inverter and Battery Manufacturing Lines at Ratlam".
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Fujiyama Power Systems has commissioned its 2,000 MW solar panel manufacturing facility at Ratlam, Madhya Pradesh, a greenfield expansion project. The plant will initially operate at approximately 1,000 MW under single-shift operation and is planned to ramp up to full capacity by Q4FY27 through double-shift operations. With this commissioning, the company's total solar panel manufacturing capacity has increased to 3,568 MW. However, the inverter and battery manufacturing lines at the same facility experienced delays due to incorporation of latest lithium-ion battery technology and geopolitical factors affecting supply timelines. The inverter line is expected to be commissioned in Q1 FY27 and battery line in Q2 FY27.
The commissioning of the new solar panel facility strengthens Fujiyama's manufacturing scale and backward integration capabilities, which could positively impact its market position in India's growing rooftop solar market. However, delays in inverter and battery lines indicate execution challenges that investors should monitor.