The Company was incorporated as ÂFujiyama 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 ÂFujiyama Power Systems LimitedÂ. 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 ÂUTL Electronics.Â
2008
- The Promoters, Pawan Kumar Garg and Yogesh Dua formed a partnership firm named ÂFujiyama Power Systems.Â
- 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, worldÂs 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 unitÂ
- 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