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HEG gets nod to expand capacity for Graphite Electrodes and related products

31 Jul 2025 Evaluate

HEG has received approval from board of directors for investment of around Rs 650 crore for an expansion plan to add 15,000 TPA to the existing 1,00,000 TPA capacity for Graphite Electrodes and related products. The expansion will be financed through internal accruals and potentially debt and is expected to be completed within 30 months.

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

Peers
Company Name CMP
Graphite India 850.85
HEG Advanced Materi. 252.15
Esab india 5608.05
Ador Welding 1533.35
Diffusion Engineers 452.85
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