HEG Advanced Materials’ wholly owned subsidiary -- TACC has received the approval letter for an incentive of Rs 609.50 crore under the Electronics Component Manufacturing Scheme (ECMS) of the Ministry of Electronics and Information Technology (MeitY), Government of India. The incentive is for TACC’s Synthetic Graphite Anode Material project at Sirsoda Industrial Area, Dewas, Madhya Pradesh, and is subject to scheme guidelines and prescribed conditions.
Spread across more than 100 acres, the Dewas facility is planned for a committed scalled capacity of beyond 30,000 metric tonnes per annum (MTPA) by FY2028-29. The first phase of 20,000 MTPA is targeted for commissioning by June 2027. The approval strengthens the company’s vision, through its wholly owned subsidiary TACC to build localized, resilient and globally competitive battery materials value chain. It is also a significant step towards strengthening India’s advanced energy storage ecosystem.
HEG Advanced Materials (formerly known as HEG) is a leading manufacturer and exporter of graphite electrodes in India and operates world's largest single-site integrated graphite electrodes plant.
