Prayagraj Power Generation Company signs MoU with ZaaK Technologies

This MoU will enable PPGCL to move rapidly towards its goal of adopting sustainable practices in thermal power generation. 

Prayagraj Power Generation Company Limited (PPGCL) has signed an MOU with ZaaK Technologies GmbH to jointly establish India’s first Lypors® pilot manufacturing plant at PPGCL. PPGCL is a wholly owned subsidiary of Renascent Power Ventures Private Limited incorporated in India which is in turn a wholly owned subsidiary of Resurgent Power Ventures Pte. Limited (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 reputed global investors.

The partnership between the PPGCL and ZaaK would create a whole new industry of sustainable construction material by reducing the consumption of precious natural sand resources. This will enable PPGCL to move rapidly towards its goal of adopting sustainable practices in thermal power generation. Lypors® is a sustainable sand material manufactured through a patented process by upcycling a wide range of mineral wastes, including fly ash, pond ash, old-deposited ash, bauxite residue and is used to produce lightweight concrete, mortar, plaster, and other building products.

Commenting on the occasion, Vijay Namjoshi, Chief – Generation, Tata Power said, “We are happy to work with Zaak Technologies, and we are certain that Lypors® will be a game-changer in turning Thermal Power ash into a useful and sustainable product. Our commitment to carbon neutrality and the circular economy will be strengthened even more as a result of this collaboration.”