Page 193 - CW E-Magazine (11-6-2024)
P. 193

Special Report


       the biggest problem for countries such  embracing sustainable cathode materials,   also the necessary precursors for CAM,
       as India. By using  sustainable  energy  we mitigate environmental impact and   which is a crucial process for achieving
       transition materials through  recycling,  unlock resources for future generations.   self-sustainability.  Vidyuta and Lohum
       repurposing,  and  low-carbon  refi ning  Responsible battery management, col-  have already signed an MOU with Tamil
       within the group company, their aim is  laboration, and a commitment to sus-  Nadu to establish one of the largest inte-
       to ensure a sustainable supply chain  tainability are paramount as we build a   grated facilities in India. This facility will
       while minimising its carbon footprint.  greener, resilient energy ecosystem for   be developed in phases and is expected
                                         generations to come. In this direction,   to eventually produce approximately
       Unlocking the potential of sustain-  cathode material recycling offers sus-  10-GWh capacity of CAM, including
       able cathode materials            tainable solutions, including resource   both high nickel and LFP.
          The rise of the lithium-ion battery in-  conservation, energy reduction, emission
       dustry has brought about environmental  cuts, waste minimisation, cost effi ciency,   In an industry dominated by Chinese
       challenges in cathode manufacturing, pri-  and supply chain resilience. As we   manufacturing, Vidyuta’s presence offers
       marily due to the extraction of primary  transition towards a circular economy   an alternative for companies seeking
       materials like lithium, nickel, cobalt, and  model, the importance of this approach   reliable, high-quality battery materials.
       manganese. Recycling emerges as a sus-  cannot be overstated.
       tainable solution, offering multiple bene-                              ABOUT ANKIT SHARMA
       fi ts. It conserves natural resources by re-  Vidyuta Materials Pvt. Ltd.
       ducing the demand for primary extraction,   Vidyuta Materials Pvt. Ltd. is engaged   With a Bache-
       curbing energy consumption, and lower-  in the manufacturing of cathode active   lor’s degree in Elec-
       ing greenhouse gas emissions in cathode  materials (CAM) for lithium-ion cells.   trical Engineering
       production. Additionally, recycling mini-  As a joint venture with Lohum Ecotech   from The University
       mizes waste, pollution, and costs associated  Pvt. Ltd. (one of the country’s largest   of  Texas  at Austin,
       with material extraction and processing.  lithium-ion battery recyclers and refi ners),   Ankit’s journey to
       By  fostering  closed-loop  production,  re-  Vidyuta embodies a commitment to sus-  entrepreneurship
       cycling ensures a stable supply chain of  tainability and technological advance-  has been shaped by a diverse range
       critical materials and promotes a circular  ment, with a vision to revolutionize the   of experiences in the manufacturing
       economy approach, vital for sustainability  energy storage industry in India and the   sector. As CEO of Vidyuta, Ankit is
       in cathode manufacturing. The industry is  rest of the world by creating a closed   dedicated  to aligning  the  company
       witnessing a shift towards recycling tech-  loop battery ecosystem. VIDYUTA ini-  with global technology standards set
       nologies, driven by collaboration and  tially started with a state-of-the-art pilot   by leaders like Japan, China and South
       innovation, to meet the increasing demand  manufacturing facility, with an initial   Korea.  Leading  a  team  of  seasoned
       for lithium-ion batteries  sustainably.  annual production capacity of 200-tonnes   professionals in the battery industry,
       Embracing these practices is essential for a  or 150 MWh focused on high Nickel   he spearheads the execution of Vidyuta’s
       greener future in cathode production.  Cathode Active Materials. The current plant   strategic vision. His responsibilities
                                         can grow to 1-GWh annual capacity of   include overseeing operations, driving
       CONCLUSION                        materials, which will include production   business development, nurturing part-
          The future of energy storage lies in  of high nickel materials as well as LFP   nerships, and ensuring alignment with
       embracing sustainability and innovation.  (Lithium Ion Phosphate).  The facility   long-term goals.
       By recycling used EV batteries and  not only produces the fi nal material, but




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       Chemical Weekly  June 11, 2024                                                                  193


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