Ram Charan Company has signed an agreement with Ghana based Masri Company Limited, working on energy space, to supply waste to energy units that are expected to generate 300 MW of power across the country.

This deal valued at US $2.2 billion has been signed between Chennai based Ram Charan Company and Masri Company Limited. Masri has been working in Ghana in energy and renewable energy. This is Masri's 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 period of two years. The agreement and delivery of waste to energy services will be delivered under the brand name ‘Entity One.’

Kaushik Palicha, Director, Ram Charan Company, said, “In keeping with our mission of processing bulk waste to energy without leaving behind any residue we have successfully signed our first agreement to supply our units to the Masri Company Limited in Ghana. In keeping with our overall objective we are confident that our objective of delivering waste to energy products and new generation energy storage devices will help the environment in a significant manner.”

This agreement comes against the investment made by TFCC International for a 46% equity in Ram Charan Company Pvt. Ltd. recently for investment into environment energy management systems and renewable energy devices with high storage capacity made from Sodium Silicate. 

The technology used by Ram Charan allows for zero toxic residue and can be used to convert all types of unsegregated waste into energy, with zero residue to the environment, making it the first of its kind globally and also the safest.