TACC, a subsidiary of HEG under the LNJ Bhilwara Group, has secured a Rs 1,230 crore credit facility from the State Bank of India to establish a greenfield manufacturing plant in Dewas, Madhya Pradesh.
This facility will produce 20,000 MTPA of lithium-ion battery-grade graphite anode material, a critical component for electric vehicles and energy storage systems. As one of the first such plants in India, it marks a major milestone in creating a self-reliant domestic supply chain for advanced energy materials. The Dewas plant will incorporate cutting-edge technology and sustainable practices to deliver high-quality graphite anodes that meet global standards, reinforcing India’s aspirations in clean energy and electric mobility.
TACC aims to bolster the nation’s drive toward clean energy by localising production of battery-grade materials. This initiative reflects TACC’s commitment to innovation and supporting India’s transition to a greener, self-sufficient future in advanced materials.