Vedanta · tone and specificity signals across the available quarters.
Language signals
Our outlook for the EBITDA of Vedanta India on a consolidated basis is about 9.5 to 10 billion. Our Vedanta to cash conversion is typically 2x. That means we'll be having total free cash flow of roughly 45,000 crore at Vedanta India on a consolidated basis.
We don't have to make choices between investing for growth or deleveraging—both in the current year can coexist given robust free cash flows.
The difference between captive alumina vs bought-out alumina will be to the tune of $50-60 per ton. Once Simal starts ramping up we can expect another $40-50 per ton reduction.