A fire occurred at 8MW Bio Mass Power Plant of Hira Ferro Alloys Limited (A Material Subsidiary of the Company) located at Village Belsonda, District Mahasmund, Chhattisgarh.
This Bio Mass Power Plant contributed to 9% of the revenue of FY 2022-23 of Hira Ferro Alloys Limited and less than 1% of the consolidated revenue of FY 2022-23 of Godawari Power and Isp’at Limited.
The fire was controlled, but generation of power at the plant was temporarily disrupted.
There are no human injuries or casualties reported.
Adequate steps are being taken to restore the operation of the said plant. The Company is in the process of ascertaining.the cause of the fire and the actual loss caused by it.