Ramcharan 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 GV 1550

Subscribe to our newsletter
Subscribe to our newsletter
Sign up here to get the latest news delivered directly to your inbox.
You can unsubscribe at any time