Graphite India Ltd has enhanced the electrode capacity of its
The additional 9,500-tonne capacity would be created at a capital expenditure of Rs 67.50 crore. The expansion, being undertaken by using eco-friendly advanced technology, would also help achieve greater energy efficiency, estimating the total cost of expansion at Rs 255 crore.
The company has also undertaken 50 Mw thermal power project at
The current capacity utilisation is around 63 per cent up from the 2009-10 average of 52 per cent.
In the current year, capacity utilisation could go up to 80 per cent. Negotiations with needle coke, primary raw material for manufacturing graphite electrodes, have yielded cost savings of around 10 per cent.