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TACC secures Rs 6.09 billion incentive for Dewas synthetic graphite facility under ECMS

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TACC secures Rs 6.09 billion incentive for Dewas synthetic graphite facility under ECMS
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TACC Limited has secured a financial incentive of Rs 6.09 billion from India's Ministry of Electronics and Information Technology (MEITy). The capital will support the establishment of its synthetic graphite anode material production plant in Madhya Pradesh (MP), bolstering domestic supply chains for lithium-ion battery manufacturing.

INDIA —TACC Limited has been granted official approval for a financial incentive amounting to Rs 6.09 billion under the Electronics Component Manufacturing Scheme (ECMS) administered by the central government. The funding is earmarked for the development of a large-scale synthetic graphite anode material manufacturing plant situated within the Sirsoda Industrial Area of Dewas, Madhya Pradesh (MP). The industrial initiative spans over 100 acres and is structured to achieve a phased operational capacity expansion. The initial phase aims to deliver an annual output of 20,000 metric tonnes by mid-2027, with total projections scaling beyond 30,000 metric tonnes per annum as operations mature toward the end of the decade.

Synthetic graphite anode material serves as an indispensable foundational component utilized in the fabrication of lithium-ion battery cells, which power electric vehicles and utility-scale energy storage systems. By securing this financial backing, the initiative addresses a structural vulnerability in domestic supply chains, where manufacturers have traditionally relied heavily on imported materials. Establishing localized refining and production infrastructure mitigates exposure to international supply chain disruptions and volatile commodity pricing. Furthermore, the localized output provides cell manufacturers operating within domestic and regional markets with a secure, geographically proximate source of critical battery inputs, thereby enhancing cost efficiencies and operational reliability.

This industrial undertaking holds significant implications for the broader electronics manufacturing, automotive, and energy storage sectors. As domestic electric vehicle adoption accelerates and grid-scale storage infrastructure expands, the availability of domestically processed anode material supports long-term national policy objectives centered on self-reliance in advanced manufacturing. TACC Limited, a wholly owned subsidiary of HEG Advanced Materials Limited and a part of the LNJ Bhilwara Group, operates within the advanced carbon and materials innovation sector, leveraging decades of corporate expertise in graphitization and industrial manufacturing to scale production capabilities for the evolving energy ecosystem.

TACC Limited is a specialized subsidiary of HEG Advanced Materials Limited, focusing on advanced carbon and graphite technologies to serve global energy storage markets and industrial applications. HEG Advanced Materials Limited is a corporate platform operating within advanced battery materials, graphene development, and green power solutions, drawing on extensive manufacturing heritage to supply the electric vehicle and energy infrastructure sectors.

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