Indian Metals & Ferro Alloys Limited (IMFA) has signed a long-term power purchase agreement (PPA) with Ampin Energy Utility One Private Limited for the supply of 40 MW contracted demand of hybrid renewable power.
The hybrid project includes 58 MW of solar capacity and 58 MW of wind capacity. This follows the earlier signing of a binding term sheet on February 25, 2025. The agreement has been executed for a period of 25 years.