TACC gets rs 609 cr incentive for Dewas project
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓TACC Ltd got approval for a ₹609 crore incentive for its Synthetic Graphite Anode Material project in Dewas, Madhya Pradesh.
- ✓The facility aims to produce over 30,000 tonnes annually by FY29.
- ✓Riju Jhunjhunwala said the approval was a "strong endorsement of TACC's technology and belief that India can build."
Story at a Glance
- Category
- Indian Markets
- Reported By
- Business Line
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
The incentive was approved for TACC's Synthetic Graphite Anode Material project at Sirsoda Industrial Area in Madhya Pradesh
TACC Ltd, a wholly owned subsidiary of HEG Advanced Materials, has received the approval for ₹609 crore incentive under the Electronics Component Manufacturing Scheme of the Ministry of Electronics and Information Technology.
The incentive was approved for TACC's Synthetic Graphite Anode Material project at Sirsoda Industrial Area, Dewas, Madhya Pradesh.
Spread over 100 acres, the Dewas facility was planned for a committed scaled capacity of over 30,000 tonnes per annum by FY29. The first phase of 20,000 MTPA will be commissioned by June 2027.
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