Web Exclusive | July 2013
IMFA's 2nd unit of power plant commissioned in Odisha
A fully integrated producer of value-added ferro chrome Indian Metals & Ferro Alloys (IMFA) has announced the commissioning of the second unit of its 2x60 mw captive power plant at Choudwar, Odisha. The company's first unit was commissioned in January this year. Now, the company’s captive power generation capacity stands at 258 mw. Set up at a cost of Rs 600 crore, the 120-mw power plant will primarily cater to the company’s captive requirement for its ferro chrome production.
Indian Metals & Ferro Alloys expects some surplus in the short-term, which it can sell to the grid or third parties. The circulating fluidised bed combustion (CFBC) boilers are capable of using a wide range of coal including washery rejects, which help bring down the cost of generation.
The company Managing Director said that their power generation capacity has nearly doubled and now the company has the headroom to expand its ferro alloys smelting capacity which is under active consideration.