Nava Limited to Temporarily Shut Down Furnaces for Inspection and Maintenance
Nava Limited announced a temporary shutdown of its Ferro Alloys Plant (FAP) furnaces at its manufacturing unit in Odisha, commencing April 1, 2026. The shutdown is planned for approximately three months to facilitate mid-life structural inspection and maintenance of the furnaces, which have been in operation for over 25 years.The company stated that this proactive asset management strategy is designed to ensure long-term operational efficiency, safety, and reliability.
During the shutdown period, Nava Limited's 30 MW Captive Power Plant (CPP) will remain operational and will export power to the grid through existing bilateral contracts. The company anticipates improved realizations from power sales due to peak summer demand and favorable market prices, expecting this to optimize overall returns and not result in a material adverse impact on financial performance.
VSN Raju, Company Secretary & Vice President, provided the information. Nava Limited’s scrip code is 513023/NAVA on the BSE and NAVA on the NSE.
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