E-waste recycling firm Attero is all set to commence operations in the twin cities in a fortnight from now.
The company has been selected by the International Finance Corporation, a wing of the World Bank, for collecting and recycling e-waste generated in the city. The company will follow an inclusive approach that integrates informal waste collectors in an organised network.
The city is among four cities — the others being New Delhi, Ahmedabad and Mumbai — where the IFC has partnered Attero in ensuring safe recycling of e-waste. According to estimates, e-waste generation from households in the city is expected to be over a lakh tonne due to high obsolescence rates and the number is growing. “All the background work is through and we are engaged in completing the required paper work. We are looking at collecting around 4,000 tonne to 5,000 tonne of waste in a year or so and operations will be scaled up subsequently,” Attero chief operating officer Rohan Gupta told The Hindu . The company, which has already set up a “mother collection centre” at Mehdipatnam, had roped in NGOs for collecting e-waste from consumers. From smaller collection centres, which will be established at multiple points, e-waste would reach the mother collection centre. With the extraction of a good number of metals of commercial significance, e-waste recycling offers Attero a unique business opportunity. The company also plans to take up component extraction and reconditioning of elements that are harmless and can be used again.
“We are looking at collecting around 4,000 tonne to 5,000 tonne of waste in a year or so and operations will be scaled up subsequently”