Graphite India (GIL) is planning to set up a 50 MW plant at Durgapur, West
Bengal, at an investment of Rs 214 crore.
Besides the power plant, GIL is planning to augment its graphite electrode
capacity by 10,500 tpa at its facility in Durgapur. The facility produces 40,000
tpa of electrode.
The proposed power unit is to come up next to its existing plant in Durgapur.
It may require about 20 acre. Power constitutes one of the major costs of
electrode production. The captive unit is expected to reduce cost.
The company is likely to fund the two projects at a total cost of Rs 400
crore through internal accruals.
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