Ferro Alloy Industry mainly caters to the needs of steel industry. Ferro alloys are used as additives and deoxidizing agents in steel manufacture. Steel producers use Ferro manganese, Silico manganese and Ferro silicon, while stainless steel units use Ferro chrome and charge chrome. At present, though there is surplus capacity in the country, severe power cuts is hampering the production. Strong growth in steel and stainless steel is expected in the near future with strong demands in infrastructure industry.

In order to capture the opportunities in the Ferro Alloys, we are setting up of 4x 18 MVA submerged arc furnaces to produce all verities of Ferro Alloys such as Ferro Silicon, Silico Manganese & Ferro Chrome.

The manufacture of Ferro Alloys is highly power-intensive, on an average 50% of the total cost per tonne of Ferro alloys is accounted for by power. As such, producers, who have captive power generation, are protected against volatile market trends in this industry. Hence, your Company is exploring ways to establish its Captive Power Plant. In the process Promoters identified the partially completed coal based power plant of Krishna Power Utilities Limited at Wadepally, Nalgonda District, Telangana and acquired the said Coal Power Plant. In order save the Cost of wheeling and also wheeling loses, the Ferro Alloys Plant is established in the same premises of Captive Power at Wadepally, Nalgonda District, Telangana.

The Company is also sell the power through power exchanges after meeting its captive requirements especially peak power times.