By: ICN Bureau
Last updated : October 14, 2026 3:45 pm
The Naidupeta plant will scale up in phases to reach a maximum annual capacity of 40,000 tonnes for shredding and 20,000 tonnes for hydrometallurgical processing
N.A.N. Silox GreenMet, a joint venture between N.A.N. GreenMet and Belgium’s Silox Group, has named Vijay Pasupathy as its new Chief Executive Officer. The appointment coincides with the company securing its Consent to Establish (CTE) and breaking ground on a Rs. 1,400 crore lithium-ion battery recycling and critical metals plant in Naidupeta, Andhra Pradesh.
To accelerate its downstream expansion into precursor cathode active material (pCAM) and cathode active material (CAM) manufacturing, the company has allocated additional capital beyond its initial Rs. 1,400 crore budget. Simultaneously, the firm is actively seeking global technology partnerships to support this growth.
Vijay brings over two decades of industrial leadership across strategy and operations, having previously served as Executive Vice President at Epsilon Advanced Materials, alongside senior roles at Orbia and EY. He will lead N.A.N. Silox GreenMet through plant execution at Naidupeta and drove the company’s expansion into engineered cathode materials.
To drive its massive industrial buildout, N.A.N. Silox GreenMet has formed a powerhouse leadership team. The company has appointed Rakesh Patel as Chief Operating Officer, Harish Aich as Chief Technology Officer, M. Sri Rama Krishna Murthy as Deputy CFO, Partha Reddy as Chief Supply Chain Officer, and Alisha Abbas as Head of HR. This executive roster brings a wealth of specialized expertise in metallurgy, mineral processing, and large-scale plant execution, drawing from proven track records at global giants like Hindalco, Shell, ExxonMobil, Adani’s Kutch Copper, and Hyundai.
Bridging India’s midstream battery gap
The Naidupeta plant will scale up in phases to reach a maximum annual capacity of 40,000 tonnes for shredding and 20,000 tonnes for hydrometallurgical processing. Utilizing advanced hydrometallurgical technology, the facility will manufacture high-purity, battery-grade salts to serve as immediate feedstock for downstream precursor cathode active material (pCAM) and cathode active material (CAM) synthesis.
The company is integrating battery recycling with cathode manufacturing to build domestic capacity for turning recovered metals into cell-ready materials, cutting India’s dependence on East Asian imports.
Naivedya Agarwal, Director and Co-founder, N.A.N. GreenMet, said: "We are delighted to welcome Vijay as CEO alongside a heavily experienced operational leadership team at this pivotal stage. With groundbreaking underway at Naidupeta, our downstream pCAM and CAM expansion will ensure that critical minerals recovered in India are processed further and reused to build new batteries domestically."
Jean-Christophe Bogaert, Chairman, Silox Group, said: "With Vijay and the new leadership team on board, Silox’s advanced hydrometallurgical technology transitions into large-scale industrial execution in India. Our expertise in high-purity metal extraction will be central as we build out the Naidupeta facility and advance discussions on pCAM and CAM technology partnerships."