IMFA commissions 2nd unit of 120 MW CPP in Odisha
Mumbai: Indian Metals and Ferro Alloys (IMFA) today said it has commissioned the second unit of its 120 MW captive power plant (CPP) in Odisha.
The company has already commissioned the first unit of the facility in January this year.
"Following the synchronisation of the second unit with the grid, the company's captive power generation capacity now stands at 258 MW," a statement issued here stated.
Set up at a cost of around Rs 600 crore, the 120 MW power plant will primarily cater to IMFA's captive requirement of electricity for its ferro chrome production, the release said.
"However, in the short term, there will be some surplus which will be sold to the grid or third parties with the power injection at Choudwar helping system parameters in the twin cities of Bhubaneswar and Cuttack," it said.
The circulating fluidised bed combustion (CFBC) boilers are highly efficient and capable of using a wide range of coal including washery rejects which will help bring down the cost of generation, it said.
"The commissioning of the second unit of the 120 MW power plant is an important milestone as our captive generation capacity has nearly doubled and we now have the headroom to expand our ferro alloys smelting capacity which is under active consideration," company's Managing Director Subhrakant Panda said.