The captive power generation capacity of Indian Metals and Ferro Alloys (IMFA) rose to 258 mw with the synchronisation of the second unit of its 120 mw captive power plant (CPP) in Odisha with the grid.

In January, 2013, the firm commissioned the first unit of the plant. IMFA would use the 120 mw plant, which was set up at a cost of around Rs 600 crore, for its ferro chrome production.

The company would sell the surplus power, which is expected in the short term, to the grid or third parties with the power injection at Choudwar helping system parameters in the twin cities of Bhubaneswar and Cuttack.

In a press release, the firm 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.

The commissioning of the second unit of the 120 mw power plant is an important milestone as its captive generation capacity has nearly doubled.

The commissioning of the power plant gives the firm ability to expand its ferro alloys smelting capacity which is under active consideration, the release said.