Fujiyama Power Systems Limited has informed the Exchange about Capacity addition
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Fujiyama Power Systems has announced plans to set up a ~1.2 GW 'TopCon' solar cell manufacturing facility at Ratlam, Madhya Pradesh. The estimated investment is ~₹350 crore, to be financed through debt and internal accruals. The new facility will double the company's existing ~1 GW capacity at its Dadri plant in Uttar Pradesh and is expected to commission by Q4 FY 2026-27. The expansion supports backward integration and technology upgradation from Mono PERC to TopCon, aiming to reduce cost volatility, ensure DCR-compliant solar cell availability, and improve gross margins. The company cited the upcoming ALMM List-II implementation for Solar PV Cells from June 2026 as a key driver for accelerating domestic demand.
A major strategic capex move that nearly doubles capacity with advanced technology. The ₹350 crore investment signals confidence but will increase leverage. If successful, it could significantly strengthen the company's competitive position in India's growing rooftop solar market.