MUMBAI, India, April 11, 2016 /PRNewswire/ --
Highlights
- Record annual production of Aluminium, Power, Silver and
cathodes at Copper – India
- Entire power portfolio of 9,000 MW operational in
March 2016
Operations:
- Oil & Gas: Stable oil & gas production from Rajasthan
for Q4, with successful ramp-up from Mangala EOR project
- Zinc India:
- FY2016 mined metal production in line with guidance
- Record annual integrated silver production of 425 tonnes
- Zinc International: Strong production volumes at Skorpion in
Q4, following shutdowns
- Copper India: Record annual
copper cathode production
- Aluminium: Record full year production; ramp-up of first line
of the 1.25 million tonne Jharsuguda-II smelter commenced from
1 April 2016
- Power:
- Third 660 MW unit of Talwandi Sabo power plant synchronised in
Q4
- Two 300 MW units (one CPP and one IPP) of BALCO 1,200MW power
plant commissioned in Q4
- Iron ore: Goa operations
ramped up - achieved exit run rate production of 0.8 million tonne
per month following resolution of transportation issues
Corporate:
- Hindustan Zinc Limited announced its highest ever special
dividend in Q4 (c. Rs. 12,205 crore
including dividend distribution tax)
Tom Albanese, Chief Executive
Officer, Vedanta Limited, said: "We made substantial operational
progress during the quarter by reaching important milestones in the
Aluminium, Power and Iron Ore businesses. We are continuing to
optimise production across our portfolio to generate maximum value
in a low commodity price environment and remaining focussed on
reducing costs to protect margins. These strong operational results
reinforce the quality of our assets, our operational capability and
resilience to weak markets. We also remain committed to proactively
manage our balance sheet in these weak markets."
Oil & Gas
|
Q4
|
Q3
|
Full
Year
|
Particulars
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
OIL AND
GAS
|
|
|
|
|
|
|
|
|
Average Daily
Total Gross Operated Production (boepd)
1
|
206,170
|
224,294
|
(8)%
|
211,843
|
(3)%
|
212,552
|
220,876
|
(4)%
|
Average Daily
Gross Operated Production (boepd)
|
197,039
|
215,553
|
(9)%
|
202,668
|
(3)%
|
203,703
|
211,671
|
(4)%
|
Rajasthan
|
167,650
|
174,206
|
(4)%
|
170,444
|
(2)%
|
169,609
|
175,144
|
(3)%
|
Ravva
|
19,058
|
31,738
|
(40)%
|
21,703
|
(12)%
|
23,845
|
25,989
|
(8)%
|
Cambay
|
10,331
|
9,609
|
8%
|
10,521
|
(2)%
|
10,249
|
10,538
|
(3)%
|
Average Daily
Working Interest Production (boepd)
|
125,775
|
132,929
|
(5)%
|
128,402
|
(2)%
|
128,191
|
132,663
|
(3)%
|
Rajasthan
|
117,355
|
121,944
|
(4)%
|
119,311
|
(2)%
|
118,726
|
122,601
|
(3)%
|
Ravva
|
4,288
|
7,141
|
(40)%
|
4,883
|
(12)%
|
5,365
|
5,847
|
(8)%
|
Cambay
|
4,132
|
3,844
|
8%
|
4,208
|
(2)%
|
4,100
|
4,215
|
(3)%
|
Total Oil and Gas
(million boe)
|
|
|
|
|
|
|
|
|
Oil
& Gas- Gross
|
17.93
|
19.40
|
(8)%
|
18.65
|
(4)%
|
74.56
|
77.26
|
(4)%
|
Oil
& Gas-Working Interest
|
11.45
|
11.96
|
(4)%
|
11.81
|
(3)%
|
46.92
|
48.42
|
(3)%
|
Fourth quarter FY 2016 vs. previous quarters
Average gross production for Q4 FY2016 was 197,039 boepd, 9%
lower than Q4 FY2015, primarily due to lower volumes from Ravva on
account of its natural decline. Ravva had strong volumes last year
in Q4 due to additional wells coming online through the infill
program.
Gross production from Rajasthan declined by 4% compared to Q4
FY2015, mainly due to the natural decline and under-performance of
the Bhagyam reservoir. Lower volumes at Bhagyam were partly offset
by infill wells in Aishwariya and reservoir management initiatives
across all the fields, and a ramp up of production from successful
EOR project execution at Mangala. Gross production from Development
Area-1 (DA-1) and Development Area-2 (DA-2) averaged 150,918 boepd
and 16,732 boepd, respectively.
Cambay block production increased by 8% compared to Q4 FY2015
driven by commissioning of an artificial gas lift system and better
reservoir performance in Q4 FY2016.
Financial Year 2016 vs. Financial Year 2015
Average gross production in FY2016 was 203,703 boepd, 4% lower
than FY2015 on account of lower production from Rajasthan and
offshore assets. Rajasthan production declined 3% due to reservoir
underperformance at Bhagyam. However, an excellent performance by
Mangala EOR and contribution from Aishwariya infill program partly
made-up for the decline. Our Mangala EOR project is on track and
producing results as per expectations. Prudent reservoir management
practices helped us reduce the impact of natural decline in our
offshore assets.
Gas production from the RDG field increased to an average rate
of 27 mmscfd from 16 mmscfd in FY2015, surpassing our guidance of
25 mmscfd for FY2016.
Zinc India
Particulars
|
Q4
|
Q3
|
Full
Year
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
Zinc
India(kt)
|
|
|
|
|
|
|
|
|
Mined
metal content
|
188
|
269
|
(30)%
|
228
|
(17)%
|
889
|
887
|
0%
|
Refined Zinc – Total
|
154
|
217
|
(29)%
|
206
|
(25)%
|
759
|
734
|
3%
|
Refined
Zinc – Integrated
|
154
|
217
|
(29)%
|
206
|
(25)%
|
759
|
721
|
5%
|
Refined
Zinc – Custom
|
-
|
0
|
-
|
-
|
-
|
-
|
13
|
-
|
Refined Lead - Total 2
|
38
|
36
|
6%
|
35
|
9%
|
145
|
127
|
14%
|
Refined
Lead – Integrated
|
38
|
33
|
16%
|
35
|
9%
|
140
|
105
|
33%
|
Refined
Lead – Custom
|
-
|
3
|
-
|
-
|
-
|
5
|
22
|
-
|
Silver - Total (in tonnes) 3
|
122
|
81
|
51%
|
116
|
5%
|
425
|
328
|
30%
|
Silver- Integrated
|
122
|
74
|
65%
|
116
|
5%
|
422
|
266
|
58%
|
Silver- Custom
|
-
|
7
|
-
|
-
|
-
|
3
|
61
|
-
|
Fourth quarter FY2016 vs. previous quarters
Mined metal production in Q4 was 188,500 tonnes, 30% lower y-o-y
and 17% lower than Q3. The decrease was on account of lower
production primarily from Rampura Agucha open pit as per the mining
plan, which was partially offset by significantly higher production
from all the underground mines especially Sindesar Khurd and Kayad
mines, resulting in higher lead and silver volumes.
Refined Zinc metal production during the quarter was 29% lower
y-o-y and 25% lower than Q3 in line with the mined metal
production.
Integrated lead and silver metal production during the quarter
increased by 16% and 65% respectively compared to corresponding
prior quarter primarily due to higher volumes from the Sindesar
Khurd mine.
Financial Year 2016 vs. Financial Year 2015
Mined metal production was marginally higher in line with
guidance. Refined metal production during the year was higher than
mined metal production primarily on account of conversion of
existing mined metal inventory and enhanced smelter efficiencies.
Integrated zinc, lead and silver metal production during the year
increased by 5%, 33% and 58% respectively. We had record integrated
silver production of 425 tonnes due to higher volumes from the
Sindesar Khurd mine.
Zinc – International
|
Q4
|
Q3
|
Full
Year
|
Particulars
(in'000 tonnes, or as stated)
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
Zinc
International
|
42
|
69
|
(39)%
|
51
|
(17)%
|
226
|
312
|
(27)%
|
Zinc -refined
–Skorpion
|
27
|
17
|
61%
|
13
|
-
|
82
|
102
|
(20)%
|
Mined metal content -
BMM
|
15
|
16
|
(1)%
|
17
|
(11)%
|
63
|
59
|
7%
|
Mined metal content -
Lisheen
|
-
|
37
|
-
|
21
|
-
|
81
|
150
|
(46)%
|
Fourth quarter FY2016 vs. previous quarters
Production at Zinc International was lower at 42,000 tonnes post
the closure of the Lisheen mine in November
2015 as per plan. The shortfall was partially made up by
Skorpion which recorded production of 26,600 tonnes post the
planned maintenance shutdown and slower than anticipated ramp-up
post shutdown in Q3.
BMM production was stable during the quarter and produced 15,300
tonnes.
At the Gamsberg Project, pre-stripping commenced in July 2015 per the re-phased plan, with
pre-stripping and surface work to access the ore body progressing
as scheduled. To date we have excavated over 6 million tonnes of
waste rock. Discussions are currently underway with various EPC
vendors for the concentrator plant.
We continue to develop the project using a modular approach,
with project execution carried out in a phased manner. This
provides the ability to manage the capital expenditure program, and
the flexibility to increase the ramp-up as market conditions
improve.
Financial Year 2016 vs. Financial Year 2015
Full year production at Zinc International was 226,000 tonnes,
lower by 27% due to the ramp down of Lisheen in November 2015 as per its mine life, after 17
years of operation. In addition, metal production at Skorpion was
lower by 20% at 82,000 tonnes due to the planned maintenance
shutdown of the Skorpion refinery in Q3, temporary industrial
action in Q2 and lower mine grade.
The shortfall in overall production was partially offset by
higher production from BMM. Production at BMM was 7% higher due to
10% increase in mine volume supported by a change in mining
method.
Iron Ore
|
Q4
|
Q3
|
Full
Year
|
Particulars
(in million dry metric tonnes, or as stated)
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
IRON
ORE
|
|
|
|
|
|
|
|
|
Sales
|
2.6
|
-
|
-
|
1.5
|
70%
|
5.3
|
1.2
|
-
|
Goa
|
1.6
|
-
|
-
|
0.6
|
-
|
2.2
|
-
|
-
|
Karnataka
|
1.0
|
-
|
-
|
0.9
|
8%
|
3.1
|
1.2
|
-
|
Production of
Saleable Ore
|
2.8
|
0.3
|
-
|
1.4
|
96%
|
5.2
|
0.6
|
-
|
Goa
|
1.9
|
-
|
-
|
0.3
|
-
|
2.2
|
-
|
-
|
Karnataka
|
0.9
|
0.3
|
-
|
1.1
|
(14)%
|
3.0
|
0.6
|
-
|
Production ('000
tonnes)
|
|
|
|
|
|
|
|
|
Pig Iron
|
188
|
145
|
30%
|
146
|
29%
|
654
|
611
|
7%
|
Fourth quarter vs. previous quarters
Production at Goa was 1.9
million tonnes and sales were 1.6 million tonnes during the
quarter. Production was impacted due to a delay in transportation
rate negotiations, which were resolved during March 2016. We exited the year at a production
run rate of 0.8 million tonnes per month. Sales include 0.8 million
tonnes of traded ore purchased from the e-auctions. At Karnataka,
production was 0.9 million tonnes and sales were 1.0 million tonnes
during the quarter.
The export duty on <58% Fe grade iron ore was removed (10%
earlier) with effect from 1 March
2016 as per the FY2017 Union Budget. We are engaged with the
respective state governments for enhancing mining cap in
Goa and Karnataka.
Financial Year 2016 vs. Financial Year 2015
During FY 2016, production at Goa was 2.2 million tonnes and sales were 2.2
million tonnes. Sales include 1.4 million tonnes of traded ore
purchased from the e-auctions.
At Karnataka, production was 3.0 million tonnes, through a
combination of production of 2.15 million tonnes, and opening crude
ore inventory of 0.8 million tonnes.
Production of pig iron ramped up from 610,800 tonnes last year
to a record production of 654,400 tonnes during the year.
Copper - India
|
Q4
|
Q3
|
Full
Year
|
Particulars
(in'000 tonnes, or as stated)
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
COPPER-
INDIA
|
|
|
|
|
|
|
|
|
Copper -
Cathodes
|
102
|
97
|
6%
|
89
|
15%
|
384
|
362
|
6%
|
Tuticorin
Power Sales (MU)
|
68
|
158
|
(57)%
|
40
|
70%
|
402
|
641
|
(37)%
|
Production from the Tuticorin smelter was higher with improved
operational efficiency and produced 102,500 tonnes of cathodes
during the quarter. Production in Q3 was impacted by flooding in
the state and unplanned shutdowns.
During FY2016 production was 384,000 tonnes of cathode, higher
by 6% y-o-y largely due to the 23-days planned biennial maintenance
shutdown last year.
The 160 MW power plant at Tuticorin operated at a lower Plant
Load Factor (PLF) of 63% during Q4 FY2016 (PLF of 88% in March) and
71% during FY2016. PLF was lower due to reduced off-take by the
Tamil Nadu Electricity Board (TNEB); however, we were compensated
at the rate 20% of realisation, for the off-take below 85% of
contracted quantity.
Aluminium
|
Q4
|
Q3
|
Full
Year
|
Particulars(in'000 tonnes, or as
stated)
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
Aluminum
|
|
|
|
|
|
|
|
|
Alumina-Lanjigarh
|
211
|
274
|
(23)%
|
218
|
(3)%
|
971
|
977
|
(1)%
|
Total Aluminum
Production
|
226
|
229
|
(2)%
|
234
|
(3)%
|
923
|
877
|
5%
|
Jharsuguda-I
|
123
|
131
|
(6)%
|
131
|
(6)%
|
516
|
534
|
(4)%
|
Jharsuguda-II4
|
19
|
14
|
40%
|
19
|
1%
|
76
|
19
|
-
|
Korba-I
|
64
|
63
|
2%
|
65
|
(1)%
|
257
|
253
|
1%
|
Korba-II5
|
19
|
21
|
(10)%
|
19
|
1%
|
75
|
71
|
6%
|
Fourth quarter FY 2016 vs. previous quarters
In Q4 FY2016, aluminium production was 226 kt at Jharsuguda
& Korba.
On 27th January, we received approval from the regulatory
authorities (Orissa Electricity Regulatory Commission) to use the
power generated from three units of the 2,400 MW (4 x 600
MW) Jharsuguda power plant for captive use which would enable
full ramp-up of the 1.25 mtpa Jharsuguda-II smelter. Consequently,
we have commenced ramp-up of the first pot line of 312.5kt from
1 April 2016.
The 325 kt Korba-II smelter produced 19,200 tonnes during Q4
FY2016 with 84 pots operational. Pre-commissioning activities have
commenced for further ramp up from the end of April 2016. The second 300 MW unit of the 600 MW
CPP was commissioned during March
2016 and has been capitalised on 31
March 2016.
The Lanjigarh alumina refinery operated at a single stream and
produced 211,400 tonnes during Q4 FY2016. We have received
approvals for expansion of the Lanjigarh refinery to 4 mtpa, which
will be ramped up in phases on further visibility on bauxite
sources.
Financial Year 2016 vs. Financial Year 2015
FY2016 Aluminium production was a record at 923,300 tonnes
driven by ramp up of additional pots at Korba II and Jharsuguda II.
Alumina production was marginally lower at 970,900, due to the
single-stream operations at the refinery. During the year, sales of
value added products has increased by 7% to 507kt, supporting
higher realizations.
Power
|
Q4
|
Q3
|
|
Full
Year
|
Particulars
(in million units)
|
FY2016
|
FY2015
|
% change
YoY
|
FY2016
|
% change
QoQ
|
FY2016
|
FY2015
|
% change
YoY
|
Power
|
|
|
|
|
|
|
|
|
Total Power
Sales
|
3,391
|
2,547
|
33%
|
2,934
|
16%
|
12,121
|
9,859
|
23%
|
Jharsuguda 2400 MW
|
1,906
|
1,525
|
25%
|
1,593
|
20%
|
7,319
|
7,206
|
2%
|
TSPL
|
869
|
690
|
26%
|
839
|
4%
|
2,792
|
1,213
|
-
|
Balco
600 MW
|
499
|
10
|
-
|
368
|
36%
|
1,025
|
10
|
-
|
MALCO
|
56
|
231
|
(76)%
|
26
|
-
|
402
|
897
|
(55)%
|
HZL Wind
Power
|
61
|
73
|
(16)%
|
67
|
(9)%
|
414
|
444
|
(7)%
|
Balco
270 MW
|
-
|
18
|
-
|
41
|
-
|
169
|
89
|
89%
|
TSPL
– Availability
|
86%
|
87%
|
-
|
85%
|
-
|
80%
|
46%
|
-
|
Fourth quarter FY 2016 vs. previous quarters
During the quarter, power sales have increased 33% y-o-y due to
commissioning of additional units at TSPL and BALCO during the
year. With the commissioning of these units, our entire 9,000 MW of
power capacity has become operational as of March 2016.
The Jharsuguda 2,400MW power plant operated at a lower Plant
Load Factor (PLF) of 39% in Q4. One unit of the plant will supply
power to the first line of the Jharsuguda-II smelter, a second unit
is committed to the grid, and we will continue to sell surplus
power from the remaining units during FY2017.
The TSPL Power Sales in Q4 FY2016 were higher with two units in
operations. Both units operated at availability of an average of
86% during the quarter and 80% for the full year. The Power
Purchase Agreement with the Punjab State Electricity Board (PSEB)
compensates us based on the availability of the plant. The third
unit was synchronized during March
2016 and is expected to be capitalised during Q1 FY2017.
The MALCO power plant operated at lower PLF of 29%in Q4 (PLF of
73% in March) due to lower power off-take by the Tamil Nadu
Electricity Board (TNEB) against payment of compensation at the
rate 20% of contracted rate for the off-take below 85% of
contracted quantity.
The first 300 MW unit of BALCO 600 MW IPP operated at a PLF of
83% in Q4. The second 300 MW IPP unit was commissioned during
March 2016 and is expected to be
capitalised in April 2016.
Financial Year 2016 vs. Financial Year 2015
Power sales increased 23% for the year due to ramp-up at TSPL
and BALCO
Financial Update:
Impairment: The Company is reviewing the carrying value
of its assets and long term price assumptions in light of the
recent weakness in commodity prices, primarily at Oil and Gas
assets. Any impact of changes to these assumptions on the carrying
values will be a non-cash charge and would be reflected in the
preliminary results for FY2016.
Production Summary (Unaudited)
(in '000 tonnes, except as stated)
Particulars
|
Q4
|
Q3
|
Full
Year
|
FY
2016
|
FY
2015
|
% Change
YoY
|
FY
2016
|
% Change
QoQ
|
FY
2016
|
FY
2015
|
% Change
YoY
|
OIL AND
GAS
|
|
|
|
|
|
|
|
|
Average Daily
Total Gross Operated Production
(boepd)1
|
206,170
|
224,294
|
(8)%
|
211,843
|
(3)%
|
212,552
|
220,876
|
(4)%
|
Average Daily
Gross Operated Production (boepd)
|
197,039
|
215,553
|
(9)%
|
202,668
|
(3)%
|
203,703
|
211,671
|
(4)%
|
Rajasthan
|
167,650
|
174,206
|
(4)%
|
170,444
|
(2)%
|
169,609
|
175,144
|
(3)%
|
Ravva
|
19,058
|
31,738
|
(40)%
|
21,703
|
(12)%
|
23,845
|
25,989
|
(8)%
|
Cambay
|
10,331
|
9,609
|
8%
|
10,521
|
(2)%
|
10,249
|
10,538
|
(3)%
|
Average Daily
Working Interest Production (boepd)
|
125,775
|
132,929
|
(5)%
|
128,402
|
(2)%
|
128,191
|
132,663
|
(3)%
|
Rajasthan
|
117,355
|
121,944
|
(4)%
|
119,311
|
(2)%
|
118,726
|
122,601
|
(3)%
|
Ravva
|
4,288
|
7,141
|
(40)%
|
4,883
|
(12)%
|
5,365
|
5,847
|
(8)%
|
Cambay
|
4,132
|
3,844
|
8%
|
4,208
|
(2)%
|
4,100
|
4,215
|
(3)%
|
Total Oil and Gas
(million boe)
|
|
|
|
|
|
|
|
|
Oil
& Gas- Gross
|
17.93
|
19.40
|
(8)%
|
18.65
|
(4)%
|
74.56
|
77.26
|
(4)%
|
Oil
& Gas-Working Interest
|
11.45
|
11.96
|
(4)%
|
11.81
|
(3)%
|
46.92
|
48.42
|
(3)%
|
Zinc
India
|
|
|
|
|
|
|
|
|
Mined
metal content
|
188
|
269
|
(30)%
|
228
|
(17)%
|
889
|
887
|
0%
|
Refined Zinc – Total
|
154
|
217
|
(29)%
|
206
|
(25)%
|
759
|
734
|
3%
|
Refined
Zinc – Integrated
|
154
|
217
|
(29)%
|
206
|
(25)%
|
759
|
721
|
5%
|
Refined
Zinc – Custom
|
-
|
0
|
-
|
-
|
-
|
-
|
13
|
-
|
Refined Lead - Total 2
|
38
|
36
|
6%
|
35
|
9%
|
145
|
127
|
14%
|
Refined
Lead – Integrated
|
38
|
33
|
16%
|
35
|
9%
|
140
|
105
|
33%
|
Refined
Lead – Custom
|
-
|
3
|
-
|
-
|
-
|
5
|
22
|
-
|
Silver - Total (in tonnes) 3
|
122
|
81
|
51%
|
116
|
5%
|
425
|
328
|
30%
|
Silver- Integrated (in tonnes)
|
121
|
74
|
65%
|
116
|
5%
|
422
|
266
|
58%
|
Silver- Custom (in tonnes)
|
-
|
7
|
-
|
-
|
-
|
3
|
61
|
-
|
Zinc
International
|
42
|
69
|
(39)%
|
51
|
(17)%
|
226
|
312
|
(27)%
|
Zinc -Refined
–Skorpion
|
27
|
17
|
61%
|
13
|
-
|
82
|
102
|
(20)%
|
Mined metal content -
BMM
|
15
|
16
|
(1)%
|
17
|
(11)%
|
63
|
59
|
7%
|
Mined metal content -
Lisheen
|
-
|
37
|
-
|
21
|
-
|
81
|
150
|
(46)%
|
IRON ORE (in
million dry metric tonnes, or as
stated)
|
|
|
|
|
|
|
|
|
Sales
|
2.6
|
-
|
-
|
1.5
|
70%
|
5.3
|
1.2
|
-
|
Goa
|
1.6
|
-
|
-
|
0.6
|
-
|
2.2
|
-
|
-
|
Karnataka
|
1.0
|
-
|
-
|
0.9
|
8%
|
3.1
|
1.2
|
-
|
Production of
Saleable Ore
|
2.8
|
0.3
|
-
|
1.4
|
96%
|
5.2
|
0.6
|
-
|
Goa
|
1.9
|
-
|
-
|
0.3
|
-
|
2.2
|
-
|
-
|
Karnataka
|
0.9
|
0.3
|
-
|
1.1
|
(14)%
|
3.0
|
0.6
|
-
|
|
Particulars
|
FY
2016
|
FY
2015
|
% Change
YoY
|
FY
2016
|
% Change
QoQ
|
FY
2016
|
FY
2015
|
% Change
YoY
|
Pig Iron
|
188
|
145
|
30%
|
146
|
29%
|
654
|
611
|
7%
|
|
|
|
|
|
|
|
|
|
COPPER –
INDIA
|
|
|
|
|
|
|
|
|
Copper -
Cathodes
|
102
|
97
|
6%
|
89
|
15%
|
384
|
362
|
6%
|
Tuticorin Power
Plant Sales (MU)
|
68
|
158
|
(57)%
|
40
|
70%
|
402
|
641
|
(37)%
|
ALUMINUM
|
|
|
|
|
|
|
|
|
Alumina-Lanjigarh
|
211
|
274
|
(23)%
|
218
|
(3)%
|
971
|
977
|
(1)%
|
Total Aluminum
Production
|
226
|
229
|
(2)%
|
234
|
(3)%
|
923
|
877
|
5%
|
Jharsuguda-I
|
123
|
131
|
(6)%
|
131
|
(6)%
|
516
|
534
|
(4)%
|
Jharsuguda-II4
|
19
|
14
|
40%
|
19
|
1%
|
76
|
19
|
-
|
Korba-I
|
64
|
63
|
2%
|
65
|
(1)%
|
257
|
253
|
1%
|
Korba-II5
|
19
|
21
|
(10)%
|
19
|
1%
|
75
|
71
|
6%
|
POWER (in million
units)
|
|
|
|
|
|
|
|
|
Total Power
Sales
|
3,391
|
2,547
|
33%
|
2,934
|
16%
|
12,121
|
9,859
|
23%
|
Jharsuguda 2400 MW
|
1,906
|
1,525
|
25%
|
1,593
|
20%
|
7,319
|
7,206
|
2%
|
TSPL
|
869
|
690
|
26%
|
839
|
4%
|
2,792
|
1,213
|
-
|
Balco
600 MW
|
499
|
10
|
-
|
368
|
36%
|
1,025
|
10
|
-
|
MALCO
|
56
|
231
|
(76)%
|
26
|
-
|
402
|
897
|
(55)%
|
HZL Wind
Power
|
61
|
73
|
(16)%
|
67
|
(9)%
|
414
|
444
|
(7)%
|
Balco
270 MW
|
-
|
18
|
-
|
41
|
-
|
169
|
89
|
89%
|
TSPL
– Availability
|
86%
|
87%
|
-
|
85%
|
-
|
80%
|
46%
|
-
|
Ports – VGCB (in
million tonnes) 6
|
|
|
|
|
|
|
|
|
Cargo
Discharge
|
1.5
|
1.7
|
(15)%
|
1.8
|
(19)%
|
6.9
|
7.0
|
(1)%
|
Cargo
Dispatches
|
1.4
|
1.7
|
(17)%
|
1.9
|
(26)%
|
7.1
|
6.9
|
3%
|
- Including Internal Gas consumption
- Excluding Captive consumption of 908 tonnes in Q4 FY2016
vs 1,910 tonnes in Q4 FY2015, 2,051 tonnes in Q3 FY2016 and
6,657 tonnes in FY 2016 vs. 7,755 tonnes in FY 2015
- Excluding captive consumption of 4.7 MT in Q4 FY2016 vs. 9.9 MT
in Q4 FY2015, 10.7 MT in Q3 FY2016 and 34.5 MT in FY 2016 vs. 40.2
MT in FY 2015
- Including trial run production of 14 kt in Q4 FY2015, 12 kt in
Q3 FY2016, 51 kt in FY2016 vs 19 kt in FY 2015
- Including trial run production of 24 kt in FY2015
- Vizag General Cargo Berth
About Vedanta Limited (Formerly Sesa Sterlite Ltd.)
Vedanta Limited is a diversified natural resources company,
whose business primarily involves producing oil & gas, zinc -
lead - silver, copper, iron ore, aluminium and commercial power.
The company has a presence across India, South
Africa, Namibia,
Australia, Ireland and Liberia.
Vedanta Limited is the Indian subsidiary of Vedanta Resources
Plc, a London-listed company.
Governance and Sustainable Development are at the core of Vedanta's
strategy, with a strong focus on health, safety and environment and
on enhancing the lives of local communities. The company is
conferred with the Confederation of Indian Industry (CII)
'Sustainable Plus Platinum label', ranking among the top 10 most
sustainable companies in India.
Vedanta Limited is listed on the Bombay Stock Exchange and the
National Stock Exchange in India
and has ADRs listed on the New York Stock Exchange.
For more information please log on to www.vedantalimited.com
Vedanta Limited
(Formerly known as Sesa Sterlite
Limited)
Vedanta, 75, Nehru Road,
Vile Parle (East), Mumbai - 400
099
www.vedantalimited.com
Registered Office:
Sesa Ghor, 20 EDC Complex,
Patto, Panaji (Goa) - 403 001
CIN: L13209GA1965PLC000044
Disclaimer
This press release contains "forward-looking statements" – that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should" or "will." Forward–looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets including the London Metal Exchange, fluctuations in
interest and or exchange rates and metal prices; from future
integration of acquired businesses; and from numerous other matters
of national, regional and global scale, including those of a
political, economic, business, competitive or regulatory nature.
These uncertainties may cause our actual future results to be
materially different that those expressed in our forward-looking
statements. We do not undertake to update our forward-looking
statements.
For further information, please contact:
Communications
|
|
Roma
Balwani
|
Tel:
+91-22-6646-1000
|
President – Group
Communications,Sustainability & CSR
|
gc@vedanta.co.in
|
|
|
Investor
Relations
|
Tel:
+91-22-6646-1531
|
Ashwin
Bajaj
|
vedantaltd.ir@vedanta.co.in
|
Director – Investor
Relations
|
|
|
|
Sunila
Martis
|
|
Manager – Investor
Relations
|
|
|
|
Vishesh
Pachnanda
|
|
Manager – Investor
Relations
|
|
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SOURCE Vedanta Limited