TACC Ltd, a wholly-owned subsidiary of HEG Ltd, has entered into a partnership with Ceylon Graphene Technologies/CGT (a joint venture between LOLC Advance Technologies and Sri Lanka Institute of Nanotechnology) to establish a state-of-the-art graphene manufacturing facility at TACC’s premises in India.

The partnership comes in the wake of TACC Ltd entering into a non-binding Memorandum of Understanding (MOU) with CGT to advance graphene technology and unlock its vast potential for diverse applications, per a regulatory filing by HEG (LNJ Bhilwara group). HEG is a graphite electrode manufacturer.

The proposed graphene manufacturing facility will enable large-scale production, ensuring the delivery of sustainable and innovative graphene solutions to global markets, said the regulatory filing. The company did not disclose the investment being made to set up the facility.

• Also read: Industrial growth likely to slow down to 6.2% for FY25, revival hoped in second half: Report

“This MoU establishes a strategic collaboration between TACC and CGT to jointly explore the manufacturing of graphene and its derivatives, leveraging Sri Lanka’s premium vein graphite and TACC’s synthetic graphite expertise. Together, the two companies aim to develop high quality graphene materials and solutions…,” per HEG’s regulatory filing.

Graphene is a revolutionary material made of a single layer of carbon atoms arranged in a hexagonal lattice, known for its exceptional strength, conductivity, and lightweight nature. It is widely regarded as a game-changer across industries, enabling advanced applications in electronics, energy storage, coatings, composites, construction material, textiles and more.