Attero Recycling to invest Rs 300 cr in lithium battery capacity

15 Jan 2022 CW Team

Attero Recycling has planned to invest Rs 300 crore in growing its lithium-ion battery recycling capacity to 11,000 million tonnes per annum (mtpa) from 1,000 mtpa by October 2022.

Nitin Gupta, CEO and co-founder of Attero Recycling, told the media that the company would increase its e-Waste capacity via franchise route.

He said that the company is already setting up plants to recycle e-Waste at 14 locations by December 2022.

He added that the company would ramp up its e-Waste capacity by 1,56,000 metric tonnes per year to 3 lakh metric tonnes by December 2022 through franchisees.

India generates more than 50,000 tonnes of lithium-ion battery waste each year. The company envisions getting 22% of the total potential market size by October 2022.

Gupta said that the company might sign a deal with Tesla for the supply of recycled products. Attero Recycling has raised Rs 140 crore, including Rs 25 crore debt.

The company focuses on producing sustainable materials like cobalt, nickel, tin, copper, silver and gold, completing the circular economy value chain.

The company's market share of automobiles and original electronic manufacturers (OEMs) is 90%. The company has partnered with MG Motors to recycle lithium-ion batteries fitted in the brand's ZS electronic vehicle (EV) units.

Gupta said that the company is looking at an initial public offering (IPO) in the next two to three years.

Image Source

Infrastructure Urban

13 Oct 2025

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..