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‘Capex, Opex subsidies in mineral scheme to boost recycling infra’
The Business Guardian
|September 21, 2025
Provision of both capital expenditure (Capex) and operational expenditure (Opex) subsidies under Rs 1,500 crore incentive scheme for Critical Mineral Recycling will accelerate the establishment of advanced recycling infrastructure, said industry body India Energy Storage Alliance (IESA) while welcoming the Centre's move.
The industry body said that the scheme is set to transform India’s recycling landscape and boost NCMM by supporting the recovery and reuse of e-waste, lithium-ion battery (LIB) scrap, and end-of-life vehicles.
“Through the provision of both capital expenditure (Capex) and operational expenditure (Opex) subsidies, the initiative aims to empower industry players and accelerate the establishment of advanced recycling infrastructure,” the industry body stated.
Debmalya Sen, President, India Energy Storage Alliance (IESA), said, “This transformative step by the Cabinet highlights a visionary commitment to building a robust circular economy, ensuring resource security, and driving innovation in recycling technologies. IESA is proud to have contributed to the development of this scheme.”
Dit verhaal komt uit de September 21, 2025-editie van The Business Guardian.
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