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HEG’s arm secures Rs 1,230 crore credit facility from State Bank of India
Oct-16-2025

HEG’s wholly owned subsidiary and part of the LNJ Bhilwara Group -- TACC has received a credit facility of Rs 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. The facility will be among the first of its kind in India, marking a major step toward building a self-reliant domestic ecosystem for advanced energy materials. 

TACC aims to contribute to India’s self-reliance in critical technologies by establishing local manufacturing capabilities for battery-grade graphite anodes - a key component of lithium-ion batteries used in electric vehicles and energy storage system. This facility represents a significant step in TACC’s commitment to developing advanced materials that support India’s growing focus on clean energy and electric mobility.

HEG is a leading manufacturer and exporter of graphite electrodes in India and operates world's largest single-site integrated graphite electrodes plant.

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