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IMFA signs PPA with Ampin Energy for hybrid renewable supply

Indian Metals & Ferro Alloys Limited (IMFA) has signed a long-term power purchase agreement (PPA) with Ampin Energy Utility One Private Limited for a contracted demand of 40 MW of hybrid renewable power. The agreement has been signed for 25 years. The hybrid project will include 58 MW of solar and 58 MW of wind capacity. This agreement follows a binding term sheet signed on February 25, 2025. Earlier, in December 2024, IMFA entered into…