Fujiyama Power Systems Ltd. Company History and Annual Growth Details

The Company was incorporated as ‘Fujiyama Power Systems Private Limited’ as a private limited company on November 29, 2017 under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 12, 2017, issued by the Registrar of Companies, Central Registration Centre. Our Company was subsequently converted from a private limited company to a public limited company pursuant to a special resolution passed by the Shareholders on October 10, 2024, and the name of our Company was changed to ‘Fujiyama Power Systems Limited’. A fresh certificate of incorporation dated November 20, 2024 was issued by the Registrar of Companies, Central Processing Centre, pursuant to the change of name of the Company on conversion to a public limited company.

Major Events and Milestones:

1996

- The Promoter, Pawan Kumar Garg, established a sole proprietorship under the trade name ‘UTL Electronics.’

2008

- The Promoters, Pawan Kumar Garg and Yogesh Dua formed a partnership firm named ‘Fujiyama Power Systems.’

- Fujiyama Power Systems became one of the few Indian entities to make high frequency online UPS and inverters.

2012

- Fujiyama Power Systems began manufacturing solar PCU.

2014

- Fujiyama Power Systems began manufacturing online solar PCUs.

2016

- Fujiyama Power Systems was allotted order for phase 1 of Bharat Net, world’s largest rural broadband project.

2017

- Incorporation of the Company

2018

- Acquisition of business of Fujiyama Power Systems by our Company by way of a slump sale

2020

- Expansion of solar PCU Capacity

2021

- Set up of a solar panel manufacturing and lithium-ion battery unit 

- Expanded to 450+ Shoppe franchisees pan India

2022

- Expanded the manufacturing capacity by adding annual capacity of 71 MW of solar panels at our Greater Noida Facility

2023

- Expanded the manufacturing capacity for batteries by adding capacity of over 340,000 units per annum in our Bawal Facility

- Expanded the manufacturing capacity by adding annual capacity of over 200 MW solar panels at our Greater Noida Facility

- Expanded to 1000+ Shoppe franchisees pan India

2025

- Expanded the manufacturing capacity by adding an annual capacity of over 600 MW for solar inverters and 500 MWh for lithium battery at our Greater Noida facility

- Commissioned the Dadri Facility for the manufacturing of solar panels with an installed capacity of 1,200 MW per annum