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UTLSOLAR — Fujiyama Power Systems News Story

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India's Fujiyama Power rises as co sees no impact from China's proposed solar export curbs

BUZZ-India's Fujiyama Power rises as co sees no impact from China's proposed solar export curbs

** Shares of India's Fujiyama Power Systems FUJI.NS rise 3% to 366.95 rupees

** Solar products maker says China's proposed restrictions on exports of solar cell manufacturing technology and machinery are not expected to materially affect its planned 1.2 GW solar cell facility

** Says facility remains on track for commissioning in Q1 FY28, with no material impact expected on capital expenditure or timeline

** Adds operations are not dependent on ongoing foreign technology transfer

** Stock up 65% YTD


(Reporting by Payel Das in Bengaluru)

((Payel.das@thomsonreuters.com))

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