On the event of World Surroundings Day, Maxvolt Power Industries Restricted, one among India’s fastest-growing lithium battery expertise corporations, introduced its outstanding technique to drive the organisation in direction of lowered carbon footprint and sustainable vitality practices.
The environment-focused NSE-listed firm is eager to increase its lithium battery recycling capability with a proposed new plant in NCR or Western Uttar Pradesh.
Authorities within the involved division of Maxvolt have initiated the method of land acquisition spanning 22,000 to 25,000 sq. metres to ascertain a state-of-the-art lithium battery recycling and repurposing facility.
The proposed plant will probably be in proximity to Maxvolt’s current manufacturing unit in Ghaziabad, Uttar Pradesh, which is able to assist align the provision chain and seamless operational synergy between the 2 items.
The initiative is a part of Maxvolt’s long-term mission to scale back India’s dependency on imported lithium uncooked supplies and shut the loop on battery lifecycle administration.
“Past innovation and high quality compliance, sustainability calls for accountability and accountable actions.
On World Surroundings Day, we’re proud to tell our stakeholders that we’re strongly dedicated to constructing a round economic system by a path-breaking battery recycling infrastructure along with enhancing our annual manufacturing,” stated Mr. Satendra Shukla, Chief Enterprise Officer and CEO, Maxvolt Power.
“The upcoming facility will allow large-scale restoration of beneficial supplies, decrease environmental affect, and create a strong backend for India’s EV and ESS revolution.”
Maxvolt already runs a nationwide battery take-back and reuse programme, masking over 85% of India’s pin codes, and is among the many few corporations actively integrating battery repurposing into its enterprise mannequin.
This newest enlargement aligns with its ongoing Section 2 progress technique that additionally consists of capability augmentation and ESS battery manufacturing for photo voltaic and grid-scale storage tasks.
“The long run belongs to corporations that innovate responsibly. Maxvolt will not be solely creating clear vitality options however can also be making certain that these options don’t change into tomorrow’s waste,” added Mr. Vishal Gupta, Chairman and CTO, Maxvolt Power.
“Our upcoming plant will embody world finest practices in battery recycling, making India self-reliant in important vitality supplies.”
Backed by cutting-edge applied sciences resembling Energetic Balancer Methods, Superior Thermal Administration, and Sensible Battery Management Mechanisms, Maxvolt achieved a income milestone of ₹107 crore in FY 2024-25 by engaged on its built-in sustainability mannequin comprising manufacturing, reuse, and recycling. This futuristic technique positions Maxvolt as a frontrunner in India’s clear vitality ecosystem.
Disclaimer:- This story has not been edited by SugerMint employees and supplied by the company. SugerMint is not going to be accountable in any means for the content material of this story.
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