Ram Charan, a Chennai-based chemicals trader who has been developing technologies and equipment to convert industrial and municipal waste into energy that leaves no residues, is investing Rs 15,000 crore to set up two such manufacturing plants in Tamil Nadu and Gujarat, reports said quoting a top company official,
It is learnt that the Tamil Nadu plant will be built on a 70-acre site in Rameswaram that will be obtained by the end of the month.
The Gujarat facility will be built on a similar sized property in Kutch that will be acquired by the end of the month or early next month.