The Advanced Carbons Company (TACC), a subsidiary of HEG Limited on Friday performed the Bhumi Pujan of its graphite anode manufacturing facility in Sirsoda village located in Dewas district. The auspicious ceremony took place in the virtual presence of Chief Minister of Madhya Pradesh, Mohan Yadav. Minister of MSME (MP) Chetanya Kumar Kasyap; Member of Parliament Mahendra Singh Solanky; MLA (Sonkatch) Rajesh Sonkar and TACC Chairman Riju Jhunjhunwala graced the event, underscoring the profound significance of this momentous occasion. HEG Limited (an LNJ Bhilwara Group company), which is a leading graphite electrode manufacturer across the globe, will invest about INR 1850 crores on this latest greenfield project.
The investment will be done through LNJ Bhilwara Group's newly formed, fully-owned subsidiary of HEG Limited - TACC. The unit spread over 100-acre of land will manufacture 20,000 MT PA of anode material to meet the evolving energy storage and mobility needs.Speaking on the occasion, Shri. Ravi Jhunjhunwala, Chairman- LNJ Bhilwara Group said, “This new venture of LNJ Bhilwara Group is a step to accelerate India’s journey to achieving the net-zero emission target by 2070.
The project aligns with our Prime Minister Narendra Modi’s push for Aatmanirbhar Bharat Abhiyan. We have set foot in Madhya Pradesh over 50 years ago with our graphite plant in Mandideep - this is now a global milestone with the single largest graphite plant setup in one location. Therefore, I have every reason to believe Madhya Pradesh will become a significant manufacturing hub.”
Riju Jhunjhunwala, Chairman- TACC Limited said, “China currently dominates about 90% of the anode production market. TACC is an attempt by the LNJ Bhilwara Group to position India in the green energy landscape and reduce our carbon footprint. Our company has a strong focus on R&D and with the advanced materials we are geared up to cater to other sophisticated mateDrials like Graphene, Hard carbon for sodium ion batteries and graphite for Hydrogen applications as well.”Ankur Khaitan, MD & CEO- TACC Limited said, “Our mission is to support Indian manufacturers by supplying world-class quality anode material.”
