Ram Charan, which has been developing technologies and equipment to convert industrial and municipal waste into energy that leaves no residue, is investing Rs 15,000 crore to set up two such manufacturing plants in Tamil Nadu and Gujarat.
While the Tamil Nadu unit will come up in the Rameshwaram district on 70-acre land which will be acquired by the end of the month, the Gujarat plant will come on a similar size plot in the Kutch district and the land for the same should be acquired by the end of January 2022 or early February 2022.
Both the plants will see an investment of Rs 7,500 crore each and will be up and running in Q3/2022.
Ram Charan’s R&D is focused on developing end-of-life chemicals converting unsegregated waste into energy and manufacturing new-generation energy storage devices
Its waste-to-energy products and services are delivered under the brand name ‘Entity One’ and do not leave any residual waste.