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Fujiyama Power Systems, which operates under the UTL Solar brand, has commissioned a 1-gigawatt (GW) solar cell manufacturing facility in Dadri, Uttar Pradesh, stepping up backward integration as India’s solar manufacturing push accelerates.
The company said the project involves an investment of ₹300 crore and is aimed at strengthening domestic supply chains by reducing reliance on imported solar cells.
The facility was inaugurated in the presence of senior officials from the Ministry of New and Renewable Energy (MNRE), including Santosh Kumar Sarangi, Secretary, and Rajesh Kulhari, Joint Secretary, underlining the government’s focus on scaling India’s domestic solar value chain.
Fujiyama said the Dadri cell plant will primarily be used for captive consumption, supplying the company’s 1.2 GW solar module line located at the same site.
The company currently maintains 1.6 GW of solar module manufacturing capacity across India and said the new facility will improve cost stability and supply visibility for its panel business.
The plant will manufacture Mono PERC solar cells designed to meet Domestic Content Requirement (DCR) norms, enabling eligibility for certain government-supported rooftop solar programs.
Industry participants say DCR-compliant capacity is becoming increasingly important as rooftop installations and subsidy-linked demand scale up under national electrification and solar adoption initiatives.
Fujiyama’s expansion comes amid improving financial momentum. In recent results for the September 2025 quarter, the company reported a sharp rise in profitability, driven by higher demand for solar products and stronger manufacturing utilisation.
Shares of Fujiyama Power Systems (NSE: UTLSOLAR) were trading higher on Thursday following the commissioning announcement.
Fujiyama Power Systems (UTL Solar) has commissioned a ₹300 crore, 1 GW solar cell manufacturing facility in Dadri, Uttar Pradesh. The plant will support captive consumption for its 1.2 GW module line at the same location and strengthen the company’s backward integration strategy by reducing dependence on imported solar cells.
The commissioning event was attended by MNRE officials including Secretary Santosh Kumar Sarangi and Joint Secretary Rajesh Kulhari.
It is a 1 GW solar cell facility with an investment of ₹300 crore.
DCR (Domestic Content Requirement) means the product uses India-made solar components, which is often required for eligibility under certain government-supported solar schemes.
It is a backward integration move—cells produced at Dadri will feed the company’s module manufacturing line, lowering dependence on imports.
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