Fujiyama Power, a top player in India’s rooftop solar sector, has hit a major milestone in its growth journey. The company officially announced the opening of its new 1 GW solar cell manufacturing facility in Dadri, Uttar Pradesh.
The high-profile event saw the presence of top government officials, including Mr. Santosh Kumar Sarangi (Secretary, MNRE) and Mr. Rajesh Kulhari (Joint Secretary, MNRE), signaling the project’s importance to India’s renewable energy goals.
Strengthening the Supply Chain
The new Dadri plant is a strategic move to bring production under one roof. Fujiyama already produces 1.6 GW of solar panels, with 1.2 GW of that capacity based in Dadri. By adding this 1 GW solar cell line, the company can now make its own cells to power its panel production.
This shift helps Fujiyama in three big ways:
- Independence: It reduces the need to buy expensive solar cells from overseas.
- Cost Control: Producing in-house keeps prices stable for customers.
- Subsidies: The plant will focus on Mono PERC DCR (Domestic Content Requirement) cells. These are essential for customers who want to claim government solar subsidies.
The project was completed with an investment of Rs. 300 crores, using a mix of the company’s own savings and bank loans.
A Faster, Smarter Way Forward
What makes this launch unique is the speed of execution. The facility was finished in just six months much faster than the industry average and ended up costing less than originally planned.
Pawan Kumar Garg, Chairman and Joint Managing Director, expressed his pride in the team’s achievement:
“The commissioning of our solar cell manufacturing facility at Dadri represents a significant step in strengthening Fujiyama’s manufacturing integration. By bringing solar cell production in-house, we are improving visibility and control across the value chain, reducing reliance on imported cells and improving supply reliability.”
He added that because the company focuses mostly on the Indian market, this new plant protects them from global trade issues and changing international taxes.
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