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Hyderabad , July 1

THE ferro alloys manufacturing facility of Jeypore Sugar Company Ltd, taken on lease by the Hyderabad-based VBC Ferro Alloys Ltd, is expected to take off in the next fortnight.

The unit, located at Rayagada in Orissa, comprises 7.5 MVA and 5 MVA capacity furnaces with necessary infrastructure facilities.

The company has informed the stock exchanges that it has refurbished the furnaces, secured power supply from Southern Electricity Supply Company of Orissa Ltd, vide letter dated June 28, started energising the furnaces on June 29, and now expects to commence commercial operations after 10 days since the furnaces require that much pre-heating time.

In view of proximity to chrome ores the company proposes to utilise the unit for manufacturing ferro chrome, resulting in an increase of annual production by 21,600 tonnes with an estimated annual turnover of Rs 90 crore.

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