TACC Ltd, a wholly owned subsidiary of HEG Limited and part of the LNJ Bhilwara Group, has announced that it has received a credit facility of INR 1,230 crore sanctioned by the State Bank of India. The funding will be utilized to support the company’s upcoming greenfield manufacturing facility in Dewas, Madhya Pradesh, which will produce 20,000 mtpa of lithium-ion battery grade graphite anode material. Graphite anodes are one of the commonly used anode materials in lithium-ion batteries for electric vehicles and energy storage system.
The Dewas facility will integrate cutting-edge technology and sustainable manufacturing practices to produce high-performance graphite anode materials that meet global quality and environmental standards.
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