Attero to invest Rs 300 cr to boost Li-ion battery recycling capacity

29 Dec 2021 CW Team

Attero, an E-waste recycling firm makes plans for making an investment worth Rs 300 crore for increasing its current lithium-ion battery recycling capacity. According to an official, the capacity will be increased to 11,000 tonne in 2022.

Market estimates state that India is generating over 50,000 tonne of lithium-ion battery waste each year and the growing range is between 40 to 80% which depends on the different models being utilised for computing E- vehicle growth in India, CEO, and co-founder, Attero Recycling, Nitin Gupta.

He further said that by the end of the year 2022, the company will be approximately 22 % of the existing market size. The company is making new investments and will be having a significant amount of investment for building up the given capacity. They have plans to make an investment of Rs 300 crore.

Along with the lithium-ion recycling capacity, the company earlier stated to almost double the complete electronic waste recycling capacity, from 1.44 lakh metric tonne to 3 lakh metric tonne by the end of 2022.

He said that with the transition to electric vehicles, the country will be saving forex spent on petrol import as well as the expenditure for the import of lithium-ion batteries from China.

Ensuring the growth of recycling infrastructure in India, meeting its current local demand, and making the country self-sufficient in battery materials is what the company is working on.

Image Source

Infrastructure Energy

07 Oct 2025

Adani Green Adds 113 MW At Khavda, Capacity Hits 16.6 GW

Adani Green Energy Limited (AGEL) announced that it has operationalised 112.5 megawatts (MW) of renewable power projects at Khavda in Gujarat, raising its total generation capacity to 16,598.6 MW.The company said in an exchange filing that its step-down subsidiary, Adani Renewable Energy Fifty Six Limited, has commissioned a solar project of 87.5 MW, while Adani Green Energy Twenty Five B Limited has operationalised a 25 MW hybrid project at the same site.Following the required regulatory clearances, the company began power generation on 30 September 2025.With these additions, AGEL’s total o..

Centre Sets National Standards For Renewable Power Use

The Central Government, in consultation with the Bureau of Energy Efficiency (BEE), has issued a new notification establishing minimum renewable energy consumption standards for designated power users across India. This framework replaces the 2023 notification and aims to accelerate the adoption of green electricity among consumers nationwide.Titled the Renewable Consumption Obligation (RCO), the regulation mandates that designated consumers — including electricity distribution licensees, open access consumers, and captive power users — must ensure a specified share of their total electric..

Tata Power Signs Rs 12 Billion PPA For 80 MW Green Project

Tata Power Company announced that its renewable arm, Tata Power Renewable Energy Limited (TPREL), has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution for an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project.The Rs 12 billion project will combine solar, wind, and battery storage systems to provide reliable renewable power during peak demand periods, strengthening grid stability and meeting the growing energy needs of Mumbai.Scheduled for completion within 24 months, the facility is expected to generate around 315 million units (MUs) of clean electricity ann..