Indian Metals & Ferro Alloys has signed a power purchase agreement with Ampin Energy Utility One for 25 years. Earlier, the company had entered into binding term sheet with Ampin Energy Utility One to supply hybrid renewable power of 40 MW contracted demand (Solar capacity of 58 MW AC & Wind capacity of 58 MW).
Indian Metals & Ferro Alloys is India's largest producer of ferro chrome with 190 MVA installed furnace capacity backed up by 262.50 MW captive power facilities and extensive chrome ore mining tracts.
