The Indian minister of steel Mr Beni Prasad Verma said that t Maharashtra Elektrosmelt Ltd located at Chandrapur in Maharashtra, with a capacity of 100,000 tonnes of ferro alloys was a subsidiary of Steel Authority of India Limited.

It has now been merged with SAIL wef April 1st 2010 and has been renamed as Chandrapur Ferro Alloy Plant.

The merger of CFP with SAIL is expected to align the development of the unit and related investments in line with the ferroalloy requirements of SAIL.

In a written reply in the Lok Sabha he said that further, SAIL and MOIL have formed a Joint Venture Company namely SAIL and MOIL, Ferro Alloys Pvt Ltd to set up a Ferro Alloys Plant for production of high carbon Ferro Manganese and Silico Manganese at village Nandini, Bhilai (Chhattisgarh).