IMFA acquires 26% stake in EG Urja Strot for renewable power supply
Indian Metals & Ferro Alloys Ltd (IMFA) has acquired a 26% equity stake in EG Urja Strot Private Limited for about Rs 110.18 crore as part of its strategy to strengthen energy security and expand renewable energy usage across its ferrochrome operations. The company has also entered into a 29-year Power Purchase Agreement (PPA) with…
