GENERAL27 Sept 2026
Fujiyama Power to set up 1.2 GW solar plant in MP to strengthen value chain
Fujiyama Power Systems is setting up a 1.2 GW solar cell plant at Ratlam, Madhya Pradesh, with about Rs 350-400 crore investment. Production should begin by the end of this fiscal year using TopCon technology, which is more efficient than older cell designs. This cuts the company's dependence on the open market. If you buy solar cells or modules, watch local supply and prices.
Key Statutory Highlights
- Fujiyama Power Systems is setting up a 1.2 GW solar cell manufacturing plant at Ratlam in Madhya Pradesh with an investment of around Rs 350-400 crore.
- The greenfield plant will use TopCon technology and is expected to start solar cell production by the end of the ongoing fiscal year.
- Once commercial operations begin, the company's total cell capacity will reach 2.3 GW, on top of its existing 1.1 GW cell plant in Dadri, Uttar Pradesh.
Actionable Advice for Taxpayers / Founders:If your business buys solar cells or modules, review your supplier agreements and delivery timelines, and keep an eye on domestic cell capacity coming up, so you are not caught short if open-market supply or pricing shifts.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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