Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

31 JANUARY 2022 AL CIRCLE

Vedanta Ltd earns 50% higher revenue of INR 33,697 crore in 3QFY22 on record aluminium production

EDITED BY : DEBANJALI SENGUPTA 3MINS READ

On Friday, January 28, Vedanta Limited, a subsidiary of Vedanta Resources Limited, declared its unaudited Q3 and nine months results ended December 31, 2021. The company said it earned consolidated quarterly revenue of INR 33,697 crore, an increase of 12 per cent Q-o-Q from INR 30,048 crore and up by 50 per cent Y-o-Y from INR 22,498 crore. The revenue in nine months came in at INR 91,850 crore, which flaunted a hike of 56 per cent from INR 58,989 crore during the same period last year.

Vedanta Ltd earns 50% higher revenue to INR 33,697 crore in 3QFY2022 on record aluminium production

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The increase in revenue could be attributed to improved commodity prices and higher sales volume across businesses. Vedanta reported record aluminium production of 578,000 tonnes in Q3, up by 16 per cent Y-o-Y. Alumina output also saw a rise of 16 per cent Y-o-Y to 472,000 tonnes in 3QFY2022.

Vedanta also revealed that its profit before tax grew 44 per cent Y-o-Y to INR 7,792 crore in Q3 but remained restrained on quarter compared to INR 7,806 crore. In nine months of the year, the profit surged by nearly 100 per cent to INR 22,768 crore from INR 11,470 crore a year ago. Profit after taxes in Q3 rose 27 per cent Y-o-Y to INR 5,354 crore, while that in the nine months totalled INR 16,448 crore.

Besides, Vedanta reported the highest ever nine-month EBITDA of INR 31,551 crore, up 73 per cent Y-o-Y. In Q3, EBITDA grew 3 per cent on quarter and 42 per cent on year to amount INR 10,938 crore.

The company’s net debt at the end of 2021 stood at INR 27,576 crore, down by INR 7,781 crore Y-o-Y.

Vedanta, in its results, also highlighted its net-zero carbon goals by 2050 or sooner. It mentioned the achievement of becoming the largest industrial consumer of renewable energy (RE) in 2021, leading renewable energy procurement on India’s power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL).

Mr Sunil Duggal, Chief Executive Officer, said: “We are happy to announce that we have taken a number of actions in the last three months to further the journey of ESG transformation that was laid out last quarter. With the commitment to transforming the planet and becoming net-zero carbon by 2050 or sooner, the momentum for decarbonatization across the business has increased with the focus areas being renewable energy, fuel switch, fleet electrification, plantations & afforestation. We have entered into number of partnerships to brings best-in-class expertise and also strengthen our commitment to transforming the communities and the workplace. This has also been reflected in Vedanta’s ESG ratings which have seen an upward trend in terms of ratings by external agencies like Sustainayltics, MSCI and CDP etc.

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