TACC Secures Rs 12.3 bn SBI Funding for Battery Anode Plant

22 Oct 2025 CW Team

TACC Limited, a wholly owned subsidiary of HEG Limited and part of the LNJ Bhilwara Group, has secured a Rs 12.3 billion credit facility from the State Bank of India to fund its upcoming lithium-ion battery grade graphite anode manufacturing facility.

The greenfield project, coming up in Dewas, Madhya Pradesh, will have an annual capacity of 20,000 MTPA. Among the first-of-its-kind in India, the facility marks a key step toward reducing the country’s dependence on imports and building a domestic ecosystem for advanced energy materials.

TACC’s initiative aligns with India’s clean energy and electric mobility goals under the Atmanirbhar Bharat and Make in India missions. The company aims to strengthen India’s capability in manufacturing critical components for lithium-ion batteries used in electric vehicles and energy storage systems.

Commenting on the milestone, Mr Ankur Khaitan, Managing Director and CEO of 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.”

The Dewas facility will deploy state-of-the-art and sustainable technologies to ensure global standards in quality and environmental performance. Once operational, it is expected to play a pivotal role in strengthening India’s clean energy infrastructure and advancing self-reliance in the sector.

Building Material

22 Dec 2025

Hard Worker from Ramco Cements Wins Twin Golds at ET Shark Awards

Hard Worker, the construction chemicals brand from The Ramco Cements Limited, emerged as a double Gold winner at the ET Brand Equity Shark Awards 2025 – South Chapter, held recently at Taj Wellington Mews. The recognition reinforces the brand’s strong connect with audiences through culturally relevant and insight-driven communication.The awards highlight how Hard Worker campaigns successfully engaged audiences across markets by addressing real-world construction challenges. A distinct, culturally grounded brand tone enabled the communication to resonate strongly across both television and ..

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..