Epsilon Carbon would invest Rs 550 crore to nearly treble the capacity of its plant. From 115,000 tpa, the investment will increase the company’s manufacturing capacity to 225,000 tpa.
A 25 MW captive power generation plant will also be built as part of the investment at the Vijay nagar factory in Karnataka. The money will be raised through a combination of internal accruals and debt.
With this growth, Epsilon Carbon will surpass PCBL and Birla Carbon in terms of manufacturing capacity.
By 2030, the company also wants to expand into greenfield facilities and raise its manufacturing capacity to