SAKI Power Plant Recovery Timeline
Unit 1 restart targeted end Q2 FY27 (26% progress completed) with Unit 2 completion by Q4 FY27. One-time exceptional charge of ₹487 crore absorbed in Q1. Insurance claims being assessed.
Vedanta · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Unit 1 restart targeted end Q2 FY27 (26% progress completed) with Unit 2 completion by Q4 FY27. One-time exceptional charge of ₹487 crore absorbed in Q1. Insurance claims being assessed.
Analyst questioned bauxite procurement volumes from OMC. Management declined to quantify, citing sub-judice status. This opacity around ~50% of alumina feedstock cost creates uncertainty in cost structure.
Alumina production down 6% QoQ due to power plant stabilization issues, red mud filtration, and bauxite handling. H2 ramp-up critical to achieving 4.1MTPA annual guidance.
Hampstead/BMM cost at $1,549/ton vs $851/ton at Zinc India. BMM contract restructuring (fixed to variable cost model) should help but H1 FY27 may see cost above guidance.