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  "documentTitle": "energy summit chiavari",
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  "notes": "Includes regulatory context (Battery Waste Management Rules 2022) and specific corporate investment examples (Attero, Hindalco).",
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      "text": "To conclude, India's e-waste and battery recycling has immense potential in the coming years.",
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      "text": "An environmental compensation fund has been developed, wherein funds collected as a part of compensation will be utilized in collection and recycling of uncollected and non-recycled waste batteries.",
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      "text": "Recovery target had also been set for the battery material: 70% by 2024-25; 80% by 2026 and 90% after 2026-27 onwards.",
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      "text": "Attero, an Indian company, has announced plans to invest around INR8,300 crore (US$1 billion) over the next five years to increase capacity. At present, the recycling capacity of the company is estimated at 144,000 tons of e-waste and 15,000 tons of lithium-ion battery waste.",
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      "text": "Hindalco is investing INR2,000 crore (US$ 243.9 millions) to establish a state-of-the-art copper and e-waste recycling facility. This new facility aims to introduce advance e-waste recycling technology in the e-waste space.",
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      "text": "An environmental compensation will be imposed if the producers fail to achieve the EPR targets, responsibilities and obligations set out in the rules.",
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      "text": "Recyclers and refurbishers are mandated to register with the State Pollution Control Boards/ Committees. Rules have been formulated for the recycling/ refurbishment process.",
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      "text": "As per Bloomberg New Energy Finance, the lithium-ion battery global market is set to grow 10 times from ~180 GWh in 2018 to 2000 GWh in 2030. As per a NITI Aayog report, Europe has the highest battery recycling capacity (>52,000 tons/year) followed by China (>30,000 tons/year). As of 2020, India's recycling capacity was less than 2000 tons/year.",
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      "text": "Battery Waste Management Rules 2022 were notified to ensure environmentally sound management of battery waste. These rules mandate that 90% of discarded battery materials must be recycled and recovered by 2026. Furthermore, 20% of the recycled materials should be used for manufacturing new batteries by 2030.",
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