
The downfall in Vedanta's production in the first quarter of fiscal 2021 has resulted in a lower production cost (CoP) from $1,764 per tonne during the same period last year to $1,268 per tonne. According to the latest report, Vedanta's alumina production cost dropped by $54 per tonne from the previous quarter, while its power cost fell by $100 per tonne and other hot metal and conversion cost by $40 per tonne.

The cost of production in Jharsuguda reduced by 13 per cent quarter-on-quarter while that in BALCO shrunk by 11 per cent.
Vedanta's numbers stood higher than were expected in the June quarter. For instance, aluminium EBITDA constituted 72 per cent of the EBITDA beat. The segment’s EBITDA surprised at $360 per tonne, of which $101 per tonne was on account of RPO liability reversal. Adjusted for RPO liability, costs reached $1343 per tonne, down by $110 per tonne quarter-on-quarter and $420 per tonne year-on-year.
Power contributed 12 per cent of the EBITDA beat, attributing to 97 per cent Talwandi Sabo (TSPL) PAF.
The delisting process of Vedanta in underway. The bid for Vedanta's delisting offer opened on Monday, October 5, and will close on Friday, October 9, 2020. The indicative floor price for the bidding process has been set at Rs 87.25 per share. $300 million has again been extended as an intercompany loan to Vedanta Resources.
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