Prayagraj Power Generation Company Limited (PPGCL) and ZaaK Technologies GmbH have signed a memorandum of understanding to develop India’s first Lypors® pilot production factory at PPGCL.
PPGCL is a wholly owned subsidiary of Renascent Power Ventures Private Limited, which is a wholly owned subsidiary of Resurgent Power Ventures Pte. Limited, which is a joint venture between Tata Power International Pte. Ltd. (TPIPL) (a wholly owned subsidiary of The Tata Power Company Limited), ICICI Bank Ltd. (ICICI Bank), and other reputable global investors.
By minimising the usage of valuable natural sand resources, the PPGCL and ZaaK cooperation would develop a whole new sector of sustainable construction materials.
