Chennai based chemical distributor Ram Charan Company will invest 150 bn for setting up two waste-to-energy units in Tamil Nadu and Gujarat. The Tamil Nadu unit comes up in the district of Rameshwaram on a land parcel that spreads across 70 acre. It will be acquired by the company by the end of this month. The Gujarat unit will be set on a plot of a similar size in the Kutch district. The land will be acquired by the end of this month or early next month. The plants will have an individual investment of 75 bn. Contact: Ram Charan Company Website: www.ramcharan.org