{"id":132446,"date":"2023-08-07T18:37:57","date_gmt":"2023-08-07T13:07:57","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=132446"},"modified":"2023-08-07T18:43:17","modified_gmt":"2023-08-07T13:13:17","slug":"tdb-signs-agreement-to-recover-precious-metals-from-waste","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/tdb-signs-agreement-to-recover-precious-metals-from-waste\/","title":{"rendered":"TDB Signs Agreement to Recover Precious Metals from Waste"},"content":{"rendered":"\n<p>Today, the Technology Development Board (TDB) took a significant step by entering into the second agreement as part of its initiative &#8220;Technology Intervention towards \u2018Garbage Free Cities\u2019&#8221;. TDB has collaborated with M\/s Alchemy Recyclers Private Limited in <a href=\"https:\/\/www.oliveboard.in\/blog\/gujarat-tat-mains-admit-card\/\" target=\"_blank\" rel=\"noreferrer noopener\">Gujarat<\/a> to establish an <strong>Integrated Plant aimed at recovering precious metals from E-waste, Jewellers Waste, and Automobile Catalyst Waste<\/strong>.<\/p>\n\n\n\n<p>To facilitate this innovative project, the Technology Development Board has committed financial support of \u20b91.14 Crores, which constitutes a substantial portion of the overall project cost totaling \u20b91.90 Crores. This initiative underscores the commitment to environmental sustainability and the responsible management of waste materials.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About the Technology Intervention towards Garbage-Free Cities<\/h2>\n\n\n\n<p>The &#8220;Technology Intervention towards Garbage Free Cities&#8221; initiative by the Technology Development Board (TDB) is a response to the vision of Prime Minister Narendra Modi and the Swachh Bharat Mission: Urban 2.0. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>This initiative is focused on encouraging proposals that not only address waste management in Indian cities but also leverage technological innovations to generate value from waste materials.<\/li><li>Under this initiative, the Technology Development Board invited applications from Indian companies with innovative indigenous technologies in the waste management sector that are at the stage of commercialization. <\/li><li>The response from companies across India has been overwhelming, showcasing a strong commitment to creating cleaner and more sustainable cities.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Proposal Received<\/h4>\n\n\n\n<p>One of the successful proposals is from M\/s Alchemy Recyclers Private Limited in Gujarat. They have developed an<strong> integrated plant that utilizes an innovative methodology for recovering precious metals from e-waste, jewelry waste, and car catalyst waste<\/strong>. <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>By combining these waste materials in a unique ratio, the recovery ratio of precious metals like <strong>Gold, Silver, Palladium, Platinum, and Rhodium<\/strong> is significantly enhanced. <\/li><li>Certain impurities within the waste materials also serve as flux, aiding in the recovery process.<\/li><li>This approach not only improves the efficiency of precious metal recovery but also offers an environmentally sustainable solution for waste management. <\/li><li>By extracting valuable metals from these waste materials, the project reduces the environmental impact associated with traditional mining practices. <\/li><li>The use of impurities as flux minimizes the need for additional chemicals, making the process <strong>cost-effective and eco-friendly<\/strong>.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">Aim<\/h4>\n\n\n\n<p>E-waste, jewelry waste, and car catalyst waste often contribute to environmental hazards when managed through informal channels. <strong>This project aims to address this issue and promote circular economy models for efficient and cost-effective waste collection.<\/strong> The proposed processing <strong>capacity of 750 TPA (tons per annum)<\/strong> accounts for a small percentage of the Indian market but holds potential for growth, especially considering the expected increase in global e-waste volumes.<\/p>\n\n\n\n<p>Overall, the initiative exemplifies a forward-looking approach to waste management, highlighting the potential for innovative technologies to not only address local challenges but also contribute to global sustainability efforts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">About the Technology Development Board (TDB)<\/h2>\n\n\n\n<p><strong>The Technology Development Board (TDB) is a statutory body established by the Government of India under the Technology Development Board Act, 1995.<\/strong> It is a non-profit organization that promotes the development and commercialization of indigenous technology in India.<\/p>\n\n\n\n<p><strong>TDB&#8217;s mission is to &#8220;promote the development and commercialization of indigenous technology in India and to make India a major player in the global technology market.&#8221;<\/strong> <\/p>\n\n\n\n<p>Its vision is to &#8220;be a leading technology development and commercialization agency in India, providing support to entrepreneurs and start-ups to develop and commercialize their innovative technologies.&#8221;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Objectives<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Promote the development of indigenous technology in India;<\/li><li>Facilitate the commercialization of indigenous technology;<\/li><li>Provide financial assistance to entrepreneurs and start-ups;<\/li><li>Promote technology transfer;<\/li><li>Build linkages between industry, academia, and research institutions;<\/li><li>Promote the use of technology for social and economic development.<\/li><\/ul>\n\n\n\n<h4 class=\"wp-block-heading\">TDB has supported the development and commercialization of a number of successful technologies &#8211; <\/h4>\n\n\n\n<ul class=\"wp-block-list\"><li>The development of a low-cost solar water heater;<\/li><li>The development of a new type of cement that is more environmentally friendly;<\/li><li>The development of a new type of drug that is effective in treating cancer.<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Benefits of TDB&#8217;s Support<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Financial assistance:<\/strong> TDB provides financial assistance to entrepreneurs and start-ups in the form of loans, equity investments, and grants. This helps to cover the cost of developing and commercializing new technologies.<\/li><li><strong>Technology development and commercialization support:<\/strong> TDB provides technical support to entrepreneurs and start-ups in the form of consultancy, training, and access to laboratories. This helps them to develop and commercialize their technologies more effectively.<\/li><li><strong>Market research and analysis:<\/strong> TDB provides market research and analysis to entrepreneurs and start-ups to help them identify potential markets for their technologies. This helps them to make informed decisions about their business strategy.<\/li><li><strong>Networking and mentoring:<\/strong> TDB provides networking and mentoring opportunities to entrepreneurs and start-ups to help them connect with other businesses and experts. This helps them to learn from others and to get advice on their business.<\/li><li><strong>Intellectual property protection:<\/strong> TDB helps entrepreneurs and start-ups to protect their intellectual property rights. This helps them to prevent others from copying their technologies and to benefit from their innovations.<\/li><li><strong>Access to government schemes and programs:<\/strong> TDB helps entrepreneurs and start-ups access government schemes and programs that can provide them with financial assistance, technical support, and market access. This helps them to succeed in the competitive business environment.<\/li><\/ul>\n\n\n\n<p>TDB is a valuable resource for entrepreneurs and start-ups who are developing innovative technologies. 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