Namo E-Waste Management Ltd secured Consent to Operate (CTO) approval for its Palwal facility from Haryana authorities, enabling full-scale e-waste recycling operations. This regulatory greenlight supports the company's growth in sustainable waste management amid rising electronic scrap volumes in India.
Regulatory Milestone
Namo E-Waste Management, a BSE-listed player in electronic waste recycling, received the CTO from the Haryana State Pollution Control Board for its Palwal, Haryana plant. The approval, disclosed on December 24, 2025, allows commencement of integrated e-waste processing including dismantling, shredding, and metal recovery. The facility boosts capacity to handle circuit boards, batteries, and appliances, aligning with India's e-waste management rules and circular economy goals.
Approval Highlights
CTO covers comprehensive e-waste recycling operations at Palwal unit
Facility equipped for hazardous waste treatment and resource recovery
Supports national targets for 60% e-waste formal collection by 2028
Company operates multiple sites with PAN-India footprint
Recent revenue growth driven by corporate tie-ups and urban collections
Growth Implications
The nod positions Namo to capitalize on India's 3.2 million tonne annual e-waste generation. Investors eye execution amid green mandates and metal price tailwinds.
Sources: BSE Announcements, Company Filings, Pollution Control Board Records