Aluminium.....
Vedanta Resources came out with its fourth quarter and full year
production report for period ending FY 2013. Aluminium production was
10% higher at 195000 tonnes in Q4, and 15% higher at 774000 tonnes in
full year, as compared with the corresponding prior periods.
The
Jharsuguda-I and Korba-II smelters operated above their rated
capacities, with significant improvement in specific power consumption
and throughput at Jharsuguda-I. Power sales at BALCO 270MW were lower in
Q4 and full year due to evacuation constraints.
Alumina
production at Lanjigarh remains temporarily suspended since 5 December
2012, due to inadequate availability of bauxite. The company is engaged
with the Orissa state authorities for allocation of bauxite as per
existing MoU with the Orissa state government.
Separately,
company is working on obtaining bauxite supplies for the refinery from
other sources including our captive mines at BALCO, in order to restart
the refinery operations. As stated earlier, the production of alumina
will not affect production at the smelters.
At the 325ktpa
Korba-III aluminium smelter, mechanical and electrical completion and
pre-commissioning of the rectifier, potline and related utilities for
the first phase of 84 pots out of the total 336 pots have been
completed.
Further work is in progress, and company plans to tap
first metal in Q2 FY2014. The smelter plans to initially draw power from
the existing 810MW power plants at BALCO. The first 300MW unit of the
BALCO 1,200MW captive power plant is awaiting final stage regulatory
approvals. Having obtained the Stage-II Forest Clearance for the 211mt
coal block at BALCO, the process for diversion of forest land has been
initiated by the State Government.
Source by Commodity Insights
No comments:
Post a Comment