Hi-Green Carbon achieves 300 TPD capacity at Dhar plant
Hi-Green Carbon Limited announced that its subsidiary Shantol Recycling Private Limited received the Consent to Operate from the Madhya Pradesh Pollution Control Board on May 18, 2026, for its 100 TPD tyre pyrolysis plant in Dhar. Following the successful trial run, the plant has commenced commercial operations, bringing the company's aggregate processing capacity to 300 TPD across three plants. The CTO is valid until April 30, 2031.
*this image is generated using AI for illustrative purposes only.
Hi-Green Carbon Limited has announced a significant expansion in its operational capacity following the receipt of the Consent to Operate (CTO) from the Madhya Pradesh Pollution Control Board (MPPCB). The regulatory approval, received on May 18, 2026, pertains to the 100 Tonnes Per Day (TPD) tyre pyrolysis plant of its wholly owned subsidiary, Shantol Recycling Private Limited, located in the Dhar District of Madhya Pradesh.
Operational Milestone and Capacity Expansion
With the successful completion of the trial run and the commencement of commercial operations at the Dhar facility, the company has achieved an aggregate tyre pyrolysis processing capacity of 300 TPD across its group operations. Hi-Green Carbon and its subsidiaries now operate three plants, each with a capacity of 100 TPD. This development positions the company as one of the largest tyre pyrolysis processing groups globally and is expected to enhance its operational scale and production capabilities in the sustainable recycling sector.
Key Details of the Dhar Facility
The following table outlines the key parameters of the newly operational facility:
| Parameter | Details |
|---|---|
| Subsidiary Name | Shantol Recycling Private Limited |
| Facility Location | Dhar District, Madhya Pradesh |
| Plant Capacity | 100 Tonnes Per Day (TPD) |
| Commercial Operations Status | Commenced post-CTO receipt |
| CTO Validity | Up to April 30, 2031 |
| Aggregate Group Capacity | 300 TPD |
Regulatory Compliance and Future Outlook
The CTO issued by the MPPCB (Consent No: AWH-64437) authorizes operations under the Water Act, 1974, the Air Act, 1981, and the Hazardous and Other Waste Rules, 2016. The consent is valid for five years, expiring on April 30, 2031. The expansion aligns with the company's long-term growth strategy in the circular economy, aiming to improve production capabilities and support sustainable recycling initiatives.
Source: None/Company/INE0PIC01017/c3bc9e8992d54824.pdf
Historical Stock Returns for Hi-Green Carbon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.29% | -2.04% | -11.52% | -18.59% | -44.03% | +51.08% |
Will Hi-Green Carbon pursue further capacity expansion beyond 300 TPD to strengthen its position as a global leader in tyre pyrolysis, and are there plans for a fourth plant?
How might the increased 300 TPD aggregate capacity impact Hi-Green Carbon's revenue projections and profit margins over the next fiscal year?
What are the potential offtake agreements or customer partnerships that Hi-Green Carbon could secure given its expanded production of pyrolysis oil, carbon black, and steel wire?
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