TACC secures Rs. 1,230 crore credit facility from SBI for lithium-ion battery grade graphite anode facility
Battery

TACC secures Rs. 1,230 crore credit facility from SBI for lithium-ion battery grade graphite anode facility

TACC aims to contribute to India's self-reliance in critical technologies by establishing local manufacturing capabilities for battery-grade graphite anodes

  • By ICN Bureau | October 16, 2025

TACC Limited, a wholly owned subsidiary of HEG Limited and part of the LNJ Bhilwara Group, has announced that it has received a credit facility of Rs. 1,230 crore sanctioned by the State Bank of India (SBI).

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.

Ankur Khaitan, MD & CEO, TACC Limited said: "The support from the State Bank of India is a strong validation of our long-term vision to place India at the forefront of advanced energy materials manufacturing. This project is not just an industrial milestone but a step toward shaping a future where clean energy technologies are designed and produced within India. Through this initiative, we aim to strengthen India's role in the global shift toward sustainable energy solutions."

The Dewas facility will integrate cutting-edge technology and sustainable manufacturing practices to produce high-performance graphite anode materials that meet global quality and environmental standards.

 

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