The Technology Development Board (TDB) has partnered with Remine India Private Limited to establish a commercial plant for recycling lithium-ion batteries (LIB) and e-waste using indigenous technology in Uttarakhand.

National

The Technology Development Board (TDB) under the science & technology ministry has partnered with Remine India Private Limited to establish a commercial plant for recycling lithium-ion batteries (LIB) and e-waste using indigenous technology in Uttarakhand. This move aims to enhance circularity and lessen the country's reliance on imported critical mineral resources. Moreover, e-waste poses a substantial challenge, with approximately 78% of it not being collected in India. The Technology Development Board signed a deal with Remine India Private Limited to establish the recycling plant in Sitarganj, Uttarakhand, with a total project cost of Rs 15 crore. TDB has committed financial assistance of Rs 7.5 crore towards the project, emphasizing a significant step towards sustainable development and environmental responsibility.


      Presently, a large portion of LIBs, about 95%, end up in landfills without recycling, while only 5% undergo the process.

      The lithium-ion battery recycling market is expected to grow significantly, reaching close to $15 billion by 2030, showing a compound annual growth rate of 21.6%.

      In 2021, the market size was $3.8 billion.

 

     


Uttarakhand

Capital- Dehradun
Chief minister- Pushkar Singh Dhami
          ____________________________