RAM CHARAN CO PVT. Ltd from the Indian city of Chennai entered into an agreement for the supply of equipment for processing industrial waste into Azerbaijan and transform them into electricity.
haqqin.az with reference to the ManufacturingTodayIndia.com portal reports that the contract is concluded with Kafkans Finanz LLC, operating in Azerbaijan, the value of the agreement is 700 million.
According to the Treaty, Indian company from December 2022 will establish equipment for the processing of waste in industrial areas around Baku.
Indian portal notes that Ram Charan, putting high-quality installations, will ensure the start of the plant for waste recycling in electricity. Installed blocks at the initial stage will produce up to 200 MW of electricity.
The information emphasizes that the local partner of the RAM Charant Kafkans Finanz LLC has experience in logistics, infrastructure and imports.