It said during Q3 FY2017, production of pig iron was 5 per cent higher y-o-y at 1,54,000 tonnes due to higher plant availability post debottlenecking.
million tonnes (MT) and sales were 2.7 MT during the quarter.
In Karnataka, the production was 0.4 MT and sales were 1 MT.
Sales were higher than production in both Goa and Karnataka due to sales from opening inventory.
It said during Q3 FY2017, production of pig iron was 5 per cent higher y-o-y at 1,54,000 tonnes due to higher plant availability post debottlenecking.
Iron ore revenue for the quarter, it said was at USD 209 million, significantly higher compared to Q2, primarily due to the ramp up at Goa in Q3 post monsoon and higher iron ore prices. Price realisation at Goa in Q3 FY2017 was USD 40.7 per tonne compared to USD 32.5 per tonne in Q2 FY2017.
About Copper India, the company said the Tuticorin smelter produced 102,000 tonnes of cathodes during Q3 FY2017, up 15 per cent y-oy. During Q3 FY2016, volumes had been lower on account of flooding in the state and unplanned shutdowns.
Copper Zambia it said during Q3, mined metal production was 21,000 tonnes, 33 per cent lower y-o-y, due to lower production from Nchanga underground which was placed on managed care and maintenance in Q3 FY2016, lower trackless equipment availability at Konkola mine, throughput constraints at the mills and lower feed from reclaimed tails at Tailings Leach Plant.
"During Q3, we commenced trial mining at the Nchanga underground mine and initial results for recovery and mining productivity are promising," it said adding, the plan is to ramp-up the annual ore production to a rate in excess of 2 million tonnes.
About aluminium it said the first line of the 1.25 mtpa Jharsuguda-II smelter was impacted by a transformer failure incident in mid- January. Rectification work is in process and 80 pots of the 336 pots are currently operational.
The first line is expected to be ramped up by Q1 FY2018 post rectification, it said adding, the second line is fully ramped up and is expected to be capitalised in Q4 FY2017. The ramp up of the third line of the smelter has commenced in end December 2016, with 42 pots operational and is expected to be fully ramped up by Q2 FY2018.
The rolled product facility at BALCO, which was temporarily shut-down last year, successfully re-commenced its operations in Q2 FY2017 following optimisation of its cost structure, and produced 6,100 tonnes during the quarter.
The two streams of the Lanjigarh refinery operated during the quarter and produced 3,28,000 tonnes in Q3 FY2017, 12 per cent higher than Q2 FY2017.
On power front it said sales were higher y-o-y due to the commissioning of additional power units at TSPL and BALCO over the last one year. Power sales from TSPL increased with all three units being operational.
In Q3 FY2017, the three units operated at an availability of 77 per cent. "The Power Purchase Agreement with the Punjab State Power Corporation Limited (PSPCL) compensates us based on the availability of the plant," Vedanta said.
(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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