Fujiyama Power Systems Expands Lithium & Tubular Battery Capacity by 2 GWh
Fujiyama Power Systems approved a 1 GWh lithium battery capacity expansion at Ratlam (₹5 crore investment) and a 1 GWh tubular battery facility at Hathras (₹20 crore investment). The lithium expansion is expected by Q2 FY27, and tubular by Q3 FY27. Mr. Sunil Kumar was re-appointed as director.
The substantial capacity additions and investments in key battery technologies will significantly impact the company's future revenue and market position in the growing energy storage segment. The replacement of damaged capacity also addresses a critical operational risk.
The company is significantly expanding its manufacturing capacities for both lithium and tubular batteries, indicating growth and strategic investment in the energy storage sector. The re-appointment of a director with a strong background also adds to the positive outlook.
Fujiyama Power Systems Limited announced significant capacity expansions following a Board of Directors meeting held on August 24, 2026. The company approved an amendment to its Articles of Association to include Joint Managing Directors as Rotational Directors, aligning with the Companies Act, 2013.
Additionally, Mr. Sunil Kumar was re-appointed as a director liable to retire by rotation, subject to member approval at the upcoming Annual General Meeting. Mr. Kumar, who holds a B.Tech in electrical engineering from IIT Delhi, has extensive experience in software engineering and has held senior roles at global technology firms, including Google LLC. He is related to Mr. Yogesh Dua, the Joint Managing Director & CEO.
In a major strategic move, the company will enhance its lithium battery manufacturing capacity by 1 GWh at its Ratlam Plant in Madhya Pradesh, bringing the total planned capacity at that facility to 3.5 GWh after an earlier announced 2 GWh expansion. This incremental capacity addition is estimated to require an investment of ₹5 crore and is expected to be commissioned by Q2 FY 2026-27, financed through internal accruals. This expansion aims to strengthen lithium battery manufacturing capabilities and cater to anticipated market demand in the energy storage segment.
Furthermore, Fujiyama Power Systems will establish a new 1 GWh Tubular Batteries manufacturing facility at Hathras, Uttar Pradesh. This facility will replace the erstwhile 1.3 GWh Tubular Battery capacity at the Bawal Facility, which was damaged in a fire incident on May 6, 2026. The estimated investment for this new facility is ₹20 crore, also to be financed through internal accruals, and is expected to commence commercial operations by Q3 FY 2026-27.
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