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IMFA to buy Tata's ferro chrome plant

Mint New Delhi

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November 05, 2025

Indian Metals and Ferro Alloys Ltd (IMFA) has signed definitive agreements to acquire Tata Steel's ferro chrome plant at Kalinganagar, Odisha, for a base consideration of ₹610 crore.

The acquisition adds 99 MVA furnace capacity—66 MVA operational and 33 MVA under construction—taking IMFA’s total installed capacity beyond 0.5 million tonnes per annum, the company said in a statement.

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