Fujiyama Power Systems Commissions 2,000 MW Solar Panel Facility in Ratlam

Fujiyama Power Systems Commissions 2,000 MW Solar Panel Facility in Ratlam​

New Delhi, May 14, 2026: Fujiyama Power Systems Limited, a leading provider of rooftop solar solutions, has announced the commissioning of its 2,000 MW solar panel manufacturing facility at Ratlam in Madhya Pradesh. The move represents a significant expansion in the company's integrated solar manufacturing capabilities.

The Ratlam plant is part of a large-scale greenfield expansion project designed to strengthen Fujiyama's market presence. The facility has been developed with a planned manufacturing capacity of 2,000 MW each across solar panels, inverters, and batteries.

With the commissioning of the solar panel manufacturing line, Fujiyama’s total solar panel manufacturing capacity has reached 3,568 MW.

The plant is expected to initially operate at an annualized capacity of approximately 1,000 MW under single-shift operations. Management plans for a phased ramp-up, anticipating full capacity utilization by the fourth quarter of fiscal year 2027.

Manufacturing Updates for Inverters and Batteries​

While the solar panel facility is now operational, commissioning timelines for the power electronics and battery manufacturing capacities experienced delays. These delays were attributed to the company's integration of the latest advancements in lithium-ion battery technology, ensuring product competitiveness, alongside impacts from geopolitical developments on supply timelines during the execution phase.

Addressing these factors, the inverter manufacturing line is now expected to be commissioned in the first quarter of fiscal year 2027, with requisite machinery already received at the site. Furthermore, machinery orders for the battery manufacturing line have been placed, with commissioning anticipated in the second quarter of fiscal year 2027.

The Ratlam expansion bolsters Fujiyama's manufacturing footprint, supporting the company's long-term strategy focused on increasing backward integration, improving supply chain efficiencies, and expanding overall manufacturing scale.

Chairman and Joint Managing Director, Pawan Kumar Garg, stated that the commissioning of the solar panel facility in Ratlam marks an important milestone. He noted that the greenfield project strengthens the company’s ability to serve the rapidly growing domestic rooftop solar market with greater manufacturing scale, improved operational efficiencies, and greater control across the value chain.

The company offers an extensive portfolio that includes solar panels, inverters, lithium and tubular batteries, chargers, and power-electronics systems. Fujiyama has developed its integrated model spanning four facilities across Himachal Pradesh, Uttar Pradesh, and Haryana.

UTLSOLAR Stock Price Movement​

Today, Fujiyama Power Systems Limited shares rallied, settling at ₹273.1, marking a substantial gain of 5.00% for the day. The equity saw significant activity in the after-hours session, trading on a robust volume of 299,365 shares.