Project operationalised in 15 months, making IMFA the country’s largest ferro chrome producer
Highlights
• 2 x 33 MVA submerged arc furnace with 100,000 tpa output
• 8.7 MW off- gas power generation, improving energy efficiency
• State-of-the-art closed furnaces, stack particulate emissions below 30mg/Nm³
• Long term agreement for hybrid renewable energy to reduce carbon footprint
• ~450,000 man days employment during construction phase, and 1500 direct & indirect jobs
Bhubaneswar, October 14, 2026: Indian Metals & Ferro Alloys Ltd (IMFA; estd 1961) today announced the inauguration of its Greenfield Ferro Chrome Project at Kalinganagar (KNR 1) by Shri Mohan Charan Majhi, Hon’ble Chief Minister of Odisha which catapults it to become the country’s largest producer of value-added ferro chrome with capacity of more than 5 lakh tonnes per annum (tpa).
Construction of the project commenced on 22 May 2025 with the formal groundbreaking ceremony by the Hon’ble Chief Minister in the presence of other dignitaries, and output from the first furnace was achieved on 25 August 2026 in just 458 days. The project generated ~450,000 man days of employment during the construction phase and will create 1500 direct and indirect jobs going ahead.\

Commenting on the inauguration, Mr Subhrakant Panda, Managing Director, IMFA said: “The inauguration of the greenfield project is a significant milestone in our growth journey, making IMFA the country’s largest producer of value-added ferro chrome and amongst the foremost globally. I am grateful to the State Government and all its agencies for extending support to make it possible to achieve first tapping of hot metal in just 15 months, and also thank the Project Team for their utmost dedication and commitment.”
Mr Panda added: “The state-of-the-art closed furnaces are environment friendly and designed for maximum efficiency by way of off-gas power generation which, along with hybrid renewable energy, will reduce the carbon footprint. Ferro Chrome plays an important role in India’s manufacturing ambitions, and we will do our utmost to add to the nation’s economic resilience and competitiveness.”