Ram Charan Co signs USD 2.2 bn deal with Ghana-based Masri

Chennai, Dec 17 (UNI) The chennai-based Ram Charan Company
Private Limited has signed a USD 2.3 billion deal with Ghana-based
Masri Company Limited to supply waste to energy units that was
expected to generate 300 MW of power across the country.
Ram Charan has been working in Ghana in the energy, renewable
energy and this is their first foray in the waste to energy business.
The execution of the deal is expected to commence in November
2022, with the setting up of units, across Ghana, over a two year
period.
The agreement and delivery of waste to energy services will be
delivered under the brand name ‘Entity One’, a release from Ram
Charan said today.
This agreement comes against the investment made by TFCC
International for a 46 per cent equity in Ramcharan Company
recently for investment into environment to energy management
systems and renewable energy devices with high storage capacity
made from sodium silicate.
UNI