By Our Correspondent
BHUBANESWAR: Founded by the late Dr. Bansidhar Panda, credited with laying the foundation for Odisha’s industrial growth, Indian Metals and Ferro Alloys Ltd (IMFA) conducted the groundbreaking ceremony for its new state-of-the-art plant in Kalinga Nagar today. The Hon’ble Chief Minister of Odisha, Shri Mohan Majhi, performed the ritual in the presence of Minister of State (Independent Charge) Industries Shri Sampad Chandra Swain, Minister of State (Independent Charge) Co-operation Shri Pradeep Bal Samanta, Jajpur MP Shri Rabindra Narayan Behera, Odisha MLA Akash Das Nayak, Odisha MLA Amar Nayak and senior IMFA members.
Chief minister Majhi has focused on industrial development of Odisha in the past one year. This is evident from the Make-in-Odisha Conclave commitments that have been converted to reality with companies from across India and abroad beginning groundwork for their projects in the state already. In the efforts to make Odisha self reliant, the CM has ensured the industrial sector generates 36000 jobs.
Spread across 124.26 acres, the Kalinga Nagar facility will produce 100,000 metric tonnes of ferro chrome annually. With Phase 1 expected by Q1 FY2026-27, the plant will feature cutting-edge technology and complement IMFA’s integrated sites at Choudwar and Therubali—enhancing its total production capacity to 3,84,000 tonnes and reinforcing its position as India’s leading producer of value-added ferro chrome.
Highlighting the project’s significance, Shri Subhrakant Panda, Managing Director of IMFA, stated, “We remain deeply committed to Odisha’s development. This facility will not only elevate the state’s industrial credentials but also support IMFA’s growth through sustainable and advanced practices.”
A pioneer in ferro alloys, IMFA has also entered into a joint venture with JSW Green Energy to supply 110 MW of hybrid renewable energy to power the smelting process at the Kalinga Nagar facility. This will not only enhance IMFA’s green credentials but is also a proactive step towards building a greener future; in turn supporting India’s mission of achieving net-zero emissions by 2070.
Indian Metals & Ferro Alloys Ltd (IMFA) is India’s leading fully integrated producer of value added ferro chrome with 190 MVA installed furnace capacity backed up by captive chromite mines and power generation. Incorporated in 1961 and headquartered in Bhubaneswar (Odisha), the company has manufacturing complexes in Therubali & Choudwar. IMFA’s operations are benchmarked to international standards and are ISO 9001 (Quality Management) certified.
