Indraprastha Gas Limited (IGL), a known player in city gas distribution, is planning to foray into the rooftop solar and battery recycling markets. The company has enlisted the expertise of global management consulting firm AT Kearney for the process.
IGL aims to diversify its operations beyond its primary focus areas of city gas distribution (CGD) and liquefied natural gas (LNG). This strategic move is expected to enhance its revenue streams and support its net-zero emissions goals.
As reported by Projects Today, the surge in demand for batteries, which require numerous rare earth metals, has made battery recycling an attractive and profitable venture.