Bhubaneswar, 29 May (Reporter) Indian Metals & Ferro Alloys Limited (IMFA), one of the country's foremost fully integrated producers of ferro alloys, has entered into a landmark 25-year Power Purchase Agreement (PPA) with AMPIN Energy Utility One Private Limited. Under the agreement, IMFA will procure 40 MW of contracted demand through a hybrid renewable energy setup consisting of 58 MW AC each of solar and wind capacity. The long-term arrangement aims to substantially cut IMFA’s carbon footprint, stabilise its energy costs over the coming decades, and strengthen the company’s commitment to environmental, social and governance (ESG) principles. Commenting on the development, Bijayananda Mohapatra, Chief Operating Officer of IMFA, stated, "This long-term agreement with AMPIN Energy Utility One Private Limited is a milestone in our journey towards sustainable operations. By integrating hybrid renewable energy into our power mix, we are not only reducing our dependence on conventional sources but also reinforcing our commitment to responsible manufacturing." The collaboration with AMPIN Energy Utility One Private Limited, a leading renewable energy solutions provider, highlights IMFA’s proactive strategy in aligning its operations with global sustainability best practices...////...