HEG Plans For Expansion Of Graphite Electrodes & Related Products
HEG Limited's Board has approved the expansion plan for the Graphite Electrodes and related products detailed as under:
|Details given in terms of Regulation 30 of SEBI LODR Regulations 2015||Figures|
|Existing capacity;||80,000 TPA|
|Existing capacity utilization||85% to 90%|
|Proposed capacity addition||20,000 TPA|
|Period within which the proposed capacity is to be added;||30 Months|
|Investment required;||Approx. 1200 Crores|
|Mode of financing;||Internal accruals and debt if required|
1. Structural change in the Industry, boosting demand of Electrodes.
2. Putting a dedicated line for making connecting pins, with high focus on quality
3. Healthy Pay back.