Ferro Alloys Corporation has received its board’s approval to set up an additional 27 MVA Furnace in its Charge Chrome Plant at D.P. Nagar, Randia, District Bhadrak, Odisha. Once the additional furnace is operations, it would enhance the existing production capacity by 50,000 MT per year thus taking the overall production capacity to about 120,000 MT per annum.
The power requirement for operation of the additional Furnace would be met by supply of uninterrupted power from the Captive Power Plant set up by Facor Power (FPL), the Subsidiary of the Company, adjacent to the Charge Chrome Plant, resulting into no transmission loss etc. This will also improve the capacity utilization of the power available from FPL.
