IT Ministry passes key Li-Ion Battery Recycling tech to 9 firms 

India’s IT Ministry, led by Rajeev Chandrashekhar, has been aggressively working towards creating an ecosystem that boosts the production and manufacturing of Lithium-Ion batteries across India. Towards this vision, they have passed on important lithium-ion battery recycling technology to nine different countries to create private company participation. Furthermore, there are nine other letters of intent that have been issued by NITI Aayog. The companies who have been handed over this tech include Besa Li-ion Batteries Pvt Ltd, Mahalaxmi Metalalloys (India) Pvt Ltd, Nexus Renewable Solutions, Remine India Pvt Ltd, Re-Sustainability Ltd, San Automobile Industries Pvt Ltd, SAM-VIK Marketing, SPEGSY Pvt Ltd and Ved Prakash Vinay Kumar.  

On the other hand, the companies which have received the letter are CENALL E-waste, Eco Recycling Ltd, Hayat E-Recyclers Pvt Ltd, Elgreen Recycling Pvt Ltd, Project Engineering Service & Consultancy (PESCONS), SBS Paper Recycling Pvt Ltd, Ush India Recycler Pvt Ltd, Wagulde Industries Pvt Ltd, and ZP Technologies Pvt Ltd. As per News 18, this is an indigenously created technology that is capable of recycling different types of Li-Ion batteries and can retain over 95 percent of Lithium, Manganese, Cobalt, and Nickel. This technology can potentially diminish India’s dependency on lithium batteries in other countries like Taiwan for the rapidly growing electric vehicles, and hence being proactively pursued by the IT Ministry.