We want to enter road construction, flooring

26 Apr 2024 CW Team

To decarbonise the construction and building sector, which is associated with the highest CO2 footprint in the world, RecycleX developed the idea of innovative building materials using different waste streams. The company has already received acclaim for its work, winning the India-Australia Circular Economy Challenge (2021), SEEDS Low Carbon Technology Awards (2021) and the Youth Ecopreneur Award (2021) from the World Trade Organisation. Abhishek Chhazed, Co-Founder, RecycleX, discusses funding for the waste-to-wealth venture, the cost-to-profit ratio in using recycled plastic, multiple awards won by the firm, challenges involved in the sourcing of these sustainable materials, and more, in conversation with R SRINIVASAN. Excerpts:

What was the inspiration behind RecycleX?
As entrepreneurs, we always think of solving big problems to make big business as well as a big impact. The construction and building sector is associated with the highest CO2 footprint in the world...

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Infrastructure Energy

28 Aug 2025

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

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