How to Start a Battery Recycling Plant Setup
Batteries are costly and have a low life expectancy. As the amount of discarded batteries increases, entrepreneurs are encouraged to start a Battery Recycling Plant Setup. Lithium-ion batteries are costly to produce, in part because of the high material costs and complicated preparation procedures. Cobalt, a hard, lustrous grey metal often used to make magnets and high-strength alloys, the most costly metal in most Li-ion batteries.
Long life, protection, and low cost are the primary goals of good battery recycling in Battery Recycling Plant Setup. Recycling is an afterthought, and producers do nothing to make precious metal recovery easier. The recycling industry is small in comparison to the large battery industry, and only lead-acid batteries can be recycled profitably today.
With good logistics, nickel-based batteries could make money, but Li-ion and most other chemistries produce too few precious metals to make recycling a viable business without government subsidies. Modern batteries are more expensive than lead acid batteries because of the lengthy preparations, purifications, and processing down to micro- and Nano-scales.
Given the billions of Li-ion batteries discarded each year and the high cost of lithium cobalt oxide, salvaging precious metals should make economic sense, so why aren’t more businesses recycling these batteries?
Who needs Authorization or to register under the Batteries (Management and Handling) Amendment Rules 2010?
- Dealer
- Manufacturer
- Re-conditioner
- Every importer
- Assembler
- Recycler
How to Start a Battery Recycling Plant: A Step-by-Step Guide
To Apply for battery recycling plant setup Visit MoEF&CC Website Portal
Copy of valid Consent under air and water
- Authorized Person Pan card
- Authorized Person Aadhar card
- Site Plan /Naksha.
- Proof of Ownership
- Water Bill
- GST Certificate
- Pan card of the unit in case of Partnership/Company
- Authorization letter (except Proprietorship)
- CA Letter for total project cost
Copy of valid authorization under hazardous wastes
- Authorized Signatory Aadhar Card
- GST Certificate
- Rent/Lease/proof of ownership of site
- Manufacturing Process flow chart
- CIN
- Authorized Signatory Pan Card
- Copy of valid certificate of registration with District Industries Centre
- Copy of the proof of installed capacity issued by either SPCB/District Industries Centre
When you start a battery recycling business, you’re not only starting a money-making venture; you’re also potentially helping to make the planet a better place to live.
- Make a business strategy: Write a business plan to explain the various aspects of the business, such as start-up and operational costs, the source of financing for starting and operating the company before it becomes self-sufficient, the location of your company (home office or leased space), the marketing plan, a summary of your ideal clients, and your expected revenue from recycling batteries.
- Your business should be registered with the state in which it works. Contact the secretary of state in the state where your business is headquartered for better guidance or you can contact with team corpsed for consultation.
- Decide which battery types you want to recycle.
- Set up relations with battery recycling centres that have been approved by the government.
- Make a battery collection strategy. Determine how you plan to collect batteries from your target market based on your target customers.
- To attract customers, create and implement marketing strategies.
